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Fact Files (Approx PRELIMS SAMPOORNA As IAS prelims 2021 is knocking at the door, jitters and anxiety is a common emotion that an aspirant feels. But if we analyze the whole journey, these last few days act most crucial in your preparation. This is the time when one should muster all their strength and give the final punch required to clear this exam. But the main task here is to consolidate the various resources that an aspirant is referring to. GS SCORE brings to you, Prelims Sampoorna, a series of all value-added resources in your prelims preparation, which will be your one-stop solution and will help in reducing your anxiety and boost your confidence. As the name suggests, Prelims Sampoorna is a holistic program, which has 360- degree coverage of high-relevance topics. It is an outcome-driven initiative that not only gives you downloads of all resources which you need to summarize your preparation but also provides you with All India open prelims mock tests series in order to assess your learning. Let us summarize this initiative, which will include: GS Score UPSC Prelims 2021 Yearly Current Affairs Compilation of All 9 Subjects Topic-wise Prelims Fact Files (Approx. 40) Geography Through Maps (6 Themes) Map Based Questions ALL India Open Prelims Mock Tests Series including 10 Tests Compilation of Previous Year Questions with Detailed Explanation We will be uploading all the resources on a regular basis till your prelims exam. To get the maximum benefit of the initiative keep visiting the website. To receive all updates through notification, subscribe: https://t.me/iasscore https://www.youtube.com/c/IASSCOREofficial/ https://www.facebook.com/gsscoreofficial https://www.instagram.com/gs.scoreofficial/ https://twitter.com/gsscoreofficial https://www.linkedin.com/company/gsscoreofficial/ www.iasscore.in IR | INTERNATIONAL ORGANIZATIONS & INSTITUTIONS | CONTENTS Association of Southeast Asian Nations (ASEAN) ............................ 01 f ASEAN Structure ............................................................................................................................. 2 f ASEAN-led Forums ......................................................................................................................... 3 f How important is the region Economically? ............................................................................... 3 Regional Comprehensive Economic Partnership (RCEP) ................. 04 South Asian Association for Regional Cooperation (SAARC) ........... 04 f Areas of Cooperation ..................................................................................................................... 6 f SAARC Summits .............................................................................................................................. 6 f Council of Ministers ....................................................................................................................... 6 f Standing Committee ...................................................................................................................... 7 f SAARC Secretariat .......................................................................................................................... 7 Bay of Bengal Initiative for Multi-Sectoral Technical ...................... 08 and Economic Cooperation (BIMSTEC) f Objective ......................................................................................................................................... 8 f Institutional Mechanisms .............................................................................................................. 9 f What does this grouping mean in numbers? .............................................................................. 9 f India’s interest in the grouping .................................................................................................... 9 Shanghai Cooperation Organisation (SCO) ...................................... 10 f SCO’s Main Goals .........................................................................................................................10 f Organisation has two permanent bodies ..................................................................................10 f Importance for India ....................................................................................................................10 European Union (EU) ....................................................................... 11 f Goals of the European Union (EU) ..............................................................................................11 f History of the European Union (EU)...........................................................................................12 f EU Institutions ..............................................................................................................................12 f How It Is Governed? .....................................................................................................................14 Asian Infrastructure Investment Bank (AIIB) .................................... 14 f AIIB Project Preparation Special Fund .......................................................................................15 IR | INTERNATIONAL ORGANIZATIONS & INSTITUTIONS | www.iasscore.in f Goals of the AIIB ...........................................................................................................................15 f Membership ..................................................................................................................................15 f Financial Resources of AIIB .........................................................................................................16 f Voting Rights ................................................................................................................................16 Asian Development Bank (ADB) ....................................................... 16 f Members ........................................................................................................................................17 f Organization .................................................................................................................................17 f Funds and Resources ....................................................................................................................17 f Voting Rights ................................................................................................................................17 f India and ADB ...............................................................................................................................18 f Country Partnership Strategy (2018-2022) ...............................................................................18 New Development Bank (NDB) ........................................................ 18 f Main Objectives of NDB ..............................................................................................................19 f Shares Distribution and Voting Powers .....................................................................................19 International Monetary Fund (IMF) .................................................. 20 f Functions .......................................................................................................................................22 f Governance and Organization ....................................................................................................23 f Voting Rights ...............................................................................................................................23 f IMF Quotas ....................................................................................................................................23 f Multiple roles of quotas ..............................................................................................................23 f Quota formula ..............................................................................................................................24 ​​​​​​​​​​​Various Groupings .......................................................................... 24 f Group of Twenty (G20) ................................................................................................................24 f Group of 7 (G7) .............................................................................................................................26 f Group of 4 (G4) .............................................................................................................................27 ********** www.iasscore.in IR | INTERNATIONAL ORGANIZATIONS & INSTITUTIONS | 1 INTERNATIONAL ORGANIZATIONS & INSTITUTIONS Association of Southeast Asian Nations (ASEAN) It was established on 8 August 1967 in Bangkok, Thailand, with the signing of the ASEAN Declaration (Bangkok Declaration) by the Founding Fathers of ASEAN, namely Indonesia, Malaysia, Philippines, Singapore, and Thailand. Brunei Darussalam then joined on 7 January 1984, Viet Nam on 28 July 1995, Lao PDR and Myanmar on 23 July 1997, and Cambodia on 30 April 1999, making up what is today the ten Member States of ASEAN. Aims & Purposes To accelerate the economic growth, social progress and cultural development in the region through joint endeavours in the spirit of equality and partnership to strengthen the foundation for a prosperous and peaceful community of Southeast Asian Nations; To promote regional peace and stability
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