Category: Prelims C A
South China Sea and UNCLOS
Recent talks between Secretary of Foreign Affairs of the Philippines and Indian Foreign Minister urged importance of United Nations Convention on the Law of the Sea (UNCLOS) and the 2016 Arbitral Award on the South China Sea.
Debt-to-GDP ratio and SDR
Data released by the Reserve Bank of India shows that India’s external debt at end-March 2023 rose to $624.7 billion from the year-earlier period but the external debt-to-GDP ratio slid to 18.9% at end-March from 20% a year earlier.
Index of Industrial Production (IIP)
The pace of growth of 8 key infrastructure sectors slackened to 4.3% in May because of a decline in the production of crude oil, natural gas and electricity.
Nalanda and Takshashila University
While addressing centenary celebrations of Delhi University, Prime Minister noted that when the country had vibrant universities such as Nalanda and Takshashila, it was at the peak of prosperity.