[Win20CSP] Mrunal’s Free Economy Update Lecture#7: International Trade, BoP & More in Pillar3

1. Prologue
2. Free Lecture & Handout on Pillar#3: International Trade, BoP, WTO-IMF etc
3. List of Topics to be covered in next free Lecture
4. Next Economy Batch for UPSC CSE-2021

Prologue

• If you’re my old batch student from 2019, you’d have my full length economy handout from Plus courses.
• This win20CSP series contains FREE Economy updates that occurred after Prelim-2019- for the benefit of those appearing in Prelims-2020 or afterwards.? Download PDF link.
• So far, following free lectures conducted:
• Lecture#1: Pillar1A upto RBI’s monetary policy
• Lecture#2: Pillar1B-Burning Issues in Banking to 1C: SEBI/Sharemarket
• Lecture#3: Pillar1D Insurance to 2A: Intro to Budget & Economic Survey 2020
• Lecture#4: Pillar2: indirect taxes to 15th Finance Commission Report
• Lecture#5: Pillar2: Black Money, Subsidies, Disinvestment
• Lecture#6: Pillar2: Atma Nirbhar Bharat, Fiscal Stimulus Package, PM Care Funds, Fiscal Deficit, FRBM & More
• Lecture#7: Pillar3: Updates in Balance of Payment, International Trade, WTO-IMF & More

Step#1: Download Free Handout & Step#2: Attend the Free LIVE lecture

1. (Assumption) You’ve attended my full-length economy course anywhere in 2019.
2. ?Download this PDF file containing Update Pack. Note: Handout on Pillar#3 to be uploaded on 17th Aug Monday by 5:00PM..
3. No need to take printout immediately, considering the Corona Lockdown. For the same reason, I’ve not kept any blanks in it.
4. ?Attend theFREE LIVE lecture HERE on 17^th August, Monday, 9PM NIGHT. It’s called ‘Unacademy special classes’, which means it’s basically free to attend for everyone.

List of Topics to be covered in Next FREE Lecture #7

As you’re aware, I cover the economy in six pillars.  This Monday lecture, we’ll see following topics

What are the new updates since Prelims-2019?

• Post-Coronavirus & Atma-Nirbhar Bharat initiatives for international trade e.g. negative prices of crude oil in USA, India imposes more control over Chinese FDI, Defense FDI raised to 74% in automatic route and more.
• ??Economic Survey 2020 Vol2Ch3 New data import export, FDI, FPI, trading partners, BoP etc from 2018-19
• Gross Terms of Trade and NET ToT
• ? Remittance: Global migration report 2020 (अंतरराष्ट्रीय प्रवास)
• Pravasi Bharatiya Diwas (PBD)
• Updated the timeline of oil price fluctuations
• Updated the list of GI product approved in last year
• SEZ Sunset clause in Income Tax Act
• Remission of Duties and Taxes on Exported Products (RoDTEP)
• (Full) Budget-2019: New announcement related to FDI and FPI
• ?Budget-2020: Rules of origin in the free trade agreements
• Added a list of Cabinet Committees, because Modi 2.0 Government added 2u cabinet committees after the general election 2019
• IFSC Authority Bill, 2019
• Net International Investment Position (NIIP)
• Disequilibrium in BoP: Factors responsible.
• Rupee exchange rate:  new factor CoronaVirus Force Majeure, RBI’s Dollar shops in the March 2020.
• Updated the names of new chiefs for World Bank and IMF
• IMF loan to Pakistan
• Anti dumping duty on PTA, DGFT’s ARTIS portal
• Added some new theories of international trade
• WTO appellate body stalemate
• RCEP: Why didn’t India join in 2019-Nov?
• G20: OSAKA DECLARATION why India did not sign Data declaration?
• ??ES20 Vol1ch5 Talks about doing “assemble in India for network products” to encourage our exports but we will see that in pillar 4B along with make in India.
• Updated the annual summits of international groups, international report, summits, themes of 2019-20
• This and many more – minor updates.

Next Economy Batch for UPSC CSE-2021

I’m also pleased to inform, my full-length LIVE batch for Economy for UPSC CSE-2021 Prelims and Mains is currently going on.

• Coupon Code: Mrunal.org for 10% discount
• Registration Link: Click ME

Stay Tuned for the Remaining [Win20CSP] Pillar#/4/5/6’s update packs at Mrunal.Org/Download