International Organizations, Defence, Books & Authors, World History

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SAARC is regional intergovernmental organization and geopolitical union in South Asia. It promotes development of economical and regional integration. 
Member Countries: Bangladesh, Bhutan, India, Maldives, Nepal, Pakistan, Sri Lanka and Afghanistan (joined in 2007
The first SAARC summit was held in Dhaka (Bangladesh) in December 1985.

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World Bank is one of five institutions created at the Breton Woods Conference in 1944. World Bank is part of the United Nations system, but its governance structure is different. World Bank’s headquarter is situated at Washington DC.

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The National Technology Day (NTD) is celebrated every year on May 11 by the Union Ministry of Science & Technology to mark the historic feat of test-firing its very first nuclear-capable missile back in 1998 and to commemorate achievements of Innovation and Technology in India. 

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The North Atlantic Treaty (also known as the Washington Treaty) was signed by 12 countries on April 4, 1949 at the Departmental Auditorium in Washington, D.C.. The countries that signed the treaty were:  Belgium, Canada, Denmark, France, Iceland, Italy, Luxembourg, The Netherlands, Norway, Portugal, The United Kingdom, The United States.  The treaty established the North Atlantic Treaty Organization (NATO), a mutual defense treaty between the 12 nations. The purpose of NATO was to deter the Soviet Union from invading Western Europe. The treaty committed each member to share the risks, responsibilities, and benefits of collective defense.  NATO is now an alliance of 31 nations from Europe and North America. The main purpose of NATO is to safeguard the freedom and security of its members by political and military means.

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Bastille Day, which is the French National Day, is celebrated on July 14th each year. It commemorates the anniversary of the storming of the Bastille fortress-prison in Paris on July 14, 1789, which marked a pivotal moment in the French Revolution. The event is considered a symbol of the French people’s uprising against the monarchy and the beginning of the end of absolute monarchy in France.

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Mudrarakshasa is a Sanskrit-language play by Vishakhadatta that tells the story of the ascent of King Chandragupta Maurya. Its timeframe varies from the late 4th century to the 8th century CE. This literary work mainly portrayed the Mauryas and the Nandas, hence marking an important event in Indian historiography.

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Mercosur is a sub-regional bloc of South American countries. Its purpose is to promote free trade and the fluid movement of goods, people, and currency. It was established in 1991 and its headquarters are located at Montevideo (Uruguay). It calls itself the common market of the South America At present, it is a full customs union and a trading bloc. Its full members are Argentina, Brazil, Paraguay and Uruguay

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5 operational commands and 2 functional commands

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Flexible Credit Line (FCL) is a lending scheme of the International Monetary Fund (IMF). The FCL was created in 2009 after the 2007 Financial Crisis. It was designed to meet the demand for crisis prevention and crisis mitigation lending for countries with strong policy frameworks and track records in economic performance. The FCL is useful for both crisis prevention and crisis resolution.
The FCL is a precautionary credit line that lasts one or two years. The repayment period is the same as for the Stand by Arrangement (SBA). Only Mexico, Colombia, and Poland have subscribed to the FCL.

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United Nations Security Council Resolution 1386, adopted in December 2001, authorized the establishment of the International Security Assistance Force (ISAF) in Afghanistan. This resolution aimed to assist the Afghan Interim Authority in maintaining security and stability following the U.S.-led invasion that ousted the Taliban regime. ISAF was initially a NATO-led mission, marking the first time NATO took command of a military operation outside Europe.