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India is close to signing an agreement - the Cultural Property Agreement (CPA) - with the United States under which the process for the return of stolen antiquities will be hugely simplified.

The Antiquities and Art Treasures Act (AATA) 1972 defines antiquity as any coin, sculpture, painting, epigraph or other work of art or craftsmanship that has been in existence for not less than 100 years.

For manuscript, record or other document which is of scientific, historical, literary or aesthetic value, this duration isnot less than 75 years.

The UNESCO 1970 Convention defines cultural property as the one designated by countries having importance for archaeology, prehistory, history, literature, art or science.

The Ancient Monuments and Archaeological Sites and Remains Act was enacted in 1958
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πŸ”†India Grassroots Innovation Forum

India along with 10 ASEAN Member States (AMS) were represented by 200 participants, at the 4th edition of the annual ASEAN India Grassroots Innovation Forum (AIGIF) that was launched in Langkawi, Malaysia on 28th November 2023.

The AIGIF is an annual programme focused on fostering a strengthened relationship between India and AMS on the premise of cooperation in Science, Technology and Innovation (STI). While on one side it aims to give exposure to social innovations in different countries, it also strengthens governance in the grassroots innovation ecosystem.



#IR
#prelims

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πŸ”†From Nijjar to Pannun: Indian Diplomacy will Have to Be Nimble

βœ…India's response to allegations of its involvement in the murder of Khalistani leader Hardeep Singh Nijjar and a conspiracy against Gurpatwant Singh Pannun varies significantly.
βœ…Amidst all developments, it is imperative to assess contrasting reactions and diplomatic approaches adopted by India in response to charges from Canada and the United States.

πŸ“Canada's Allegations and India's Response

βœ…Absurdity of Canadian Charge
βœ…India dismissed Prime Minister Justin Trudeau's accusation on the floor of the Canadian Parliament as absurd.
Moreover, India openly challenged the lack of evidence supporting the claim.

βœ…India's Continued Emphasis on Lack of Credible Evidence
Despite Canada's stance, India emphasises that no substantial evidence has been presented.
India's stance maintains a sceptical outlook toward the allegations.

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πŸ”†India backs UN resolution against Israel for not leaving syrian golan

Location of syrian golan?

#prelims
#gs2
#ir
Golan height a disputed land between Israel and Syria

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πŸ”†India's G20 presidency and the dawn of a new Multilateralism

#gs2
#ir

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@upsc_the_hindu_ie_editorial
πŸ”†Feasibility of the Two-state solution

#gs2
#ir

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@upsc_the_hindu_ie_editorial
πŸ”† Financial Stability Board (FSB):

βœ…FSB is an international body that monitors and makes recommendations about the global financial system.

βœ…It was established in April 2009 after the G20 Summit in London as the successor to the Financial Stability Forum.

Mandate:

βœ…To coordinate at the international level the work of national financial authorities and international standard-setting bodies and to develop and promote the implementation of effective regulatory, supervisory, and other financial sector policies.

βœ…The FSB, working through its members, seeks to strengthen financial systems and increase the stability of international financial markets

βœ…Headquarters: Basel, Switzerland.

βœ…The board includes all G20 major economies.

βœ…The FSB consists of 68 member institutions. It comprises several central banksministries of finance, and supervisory and regulatory authorities from 25 jurisdictions, as well as 10 international organizations and six Regional Consultative Groups (RCGs).

Framework:

βœ…The Plenary, which serves as the sole decision-making body.

βœ…The Steering Committee, which takes forward operational work in between Plenary meetings.

βœ…Three Standing Committees, each with specific but complementary responsibilities.

βœ…The FSB’s decisions are not legally binding on its members.

βœ…India and FSB: India is an active Member of the FSBhaving three seats in its Plenary represented by Secretary (Dept of Economic Affairs), Deputy Governor-RBI, and Chairman-SEBI.
2024/09/24 05:26:03
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