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Social protection encompasses a range of policies and programs aimed at safeguarding individuals and communities against various risks, including poverty, unemployment, illness, and natural disasters

The International Monetary Fund (IMF) played a pivotal role during the Great Recession of 2008, a global financial crisis that sent shockwaves through economies worldwide.

With a mission to promote international monetary cooperation, facilitate trade, and foster sustainable economic growth, the IMF’s financial resources and lending channels serve as crucial tools in addressing economic imbalances, …

Over the years, discussions have intermittently surfaced regarding the potential of SDRs to evolve into a global reserve currency, challenging the predominant status of national currencies.

Resulted in the establishment of two institutions, the International Bank for Reconstruction and Development (IBRD) and the International Monetary Fund (IMF), known as the Bretton Woods twins.

Institutions play a pivotal role in shaping the intricate framework of the global financial architecture, serving as the bedrock upon which economic stability and cooperation are built.

Global economic groups play a pivotal role in shaping the dynamics of the world economy, wielding influence over financial policies, trade agreements, and economic development initiatives on an international scale

The Global Financial Architecture (GFA) refers to the framework of institutions, regulations, and mechanisms that govern the global financial system

In today’s daily current affairs briefing for UPSC aspirants, we explore the latest developments that hold relevance for the upcoming civil services

The Prevention of Money Laundering Act (PMLA) has undergone a transformation from its original intent, veering off course from its primary objective of combating illicit financial activities.