The 26th ASEAN-India Senior Officials’ Meeting in New Delhi, co-chaired by Jaideep Mazumdar and Albert Chua, reviewed ASEAN-India relations, focusing on political-security, economic, and socio-cultural engagement.
They discussed implementing the Prime Minister’s 12-Point Proposal to strengthen the ASEAN-India Comprehensive Strategic Partnership.
Preparation for the upcoming ASEAN-India Summit in Vientiane, Laos, was also discussed.
ASEAN appreciated India’s support for ASEAN and regional architecture.
Economic Affairs
2. Which asset management company has recently launched India’s first Nifty Non-Cyclical Index Fund? – Groww Mutual Fund
Groww Mutual Fund recently introduced India’s inaugural Nifty Non-Cyclical Consumer Index Fund.
This mutual fund aims for long-term capital growth by investing in securities from the Nifty Non-Cyclical Consumer Index (TRI), comprising 30 companies less affected by economic instability.
Non-cyclical stocks, also termed defensive stocks, sustain demand irrespective of economic fluctuations, catering to daily consumer necessities like food and utilities, making them resilient investment choices.
Science & Technology
3. India’s first domestically built bomberUAV FWD-200B has been built by which institution? – Defence & Aerospace Technologies
The Delhi High Court has ordered police action against the use of oxytocin on cattle in dairies in the city Oxytocin is used by milch animals to produce more milk.
5. What is ‘MQ-9B Predator’, recently seen in the news? – High Altitude Unmanned Aerial Vehicle
The Maharashtra Forest Department is preparing to relocate some tigers from the Tadoba-Andhari Tiger Reserve (TATR) in Chandrapur to the Sahyadri Tiger Reserve.