Approach - Bilateral, regional and global groupings and agreements involving India and/or affecting India’s interests

Outline

A brief background/ history about the grouping/ agreement

How they work?

Why they are formed?

Importance to India

Potential they hold

Recent Summits & important outcomes concerning India

Previous Questions

The World Bank and the IMF, collectively known as the Bretton Woods Institutions, are the two inter-governmental pillars supporting the structure of the world’s economic and financial order. Superficially, the World Bank and the IMF exhibit many common characteristics, yet their role, functions and mandate are distinctly different. Elucidate. (10 marks)