Loading...
Testwale Logo

FAQ

How long will it take for my account to be activated once the payment is made?

Once the payment is made, your account will be activated right away.

Pages are not loading properly.

Try checking your internet connection or restart your phone. If the problem still persists, take a screenshot and send us at [email protected], we will look into it.

How can I reset my password?

For the users registered with their mobile number, follow the following steps for resetting your password: 1. You need to enter your mobile number on the log-in page. 2. Click "Forget Password", to get an OTP on your registered number. 3. Using the OTP received on your number, you can now reset your password.

Pages are not loading properly.

Try checking your internet connection or restart your phone. If the problem still persists, take a screenshot and send us at [email protected], we will look into it.

How can I change the language of the article and quizzes?

We have a "Change Language" option in Test Series and Daily Quizzes. If you want the content (test and quiz) in Hindi/English language, go to Settings -> Change Language, to change your default language from Hindi to English or Vice-Versa.

I am unable to make payment for the pass.

In case of failure of a transaction before the amount deduction, we advise the student to try making the payment again. In case of transaction failure after amount deduction either access to the purchased product will be provided within few hours or we request the student to wait for 3 to 4 working days. The money will be credited back to his/her account.

I have made the payment but the tests are not unlocked.

Although rare, if so: You can directly mail us at [email protected] and we will resolve your issue.

What are all the payment methods allowed to buy a plan?

You can pay using: Credit Card/ Debit Card or Through: UPI and Netbanking.

What happens if I get disconnected during a test?

Don't worry! We auto-pause your test so, you can resume the test where you left. The test can also be manually paused by clicking on the "Pause" icon on the top left corner inside the timer circle. Please note: This function is not available in a Live Test.

What are the benefits of the subscription?

Here you will get access to test series and quizzes by top Educators. This will evaluate your learning and measure your progress.

  • Home
  • Current Affairs
  • DAILY CURRENT AFFAIRS:IPEF launched by Joe Biden with India as a Partner to solve Supply Chain issues.

IPEF launched by Joe Biden with India as a Partner to solve Supply Chain issues.

Tags: Economy/Finance

The United States of America President Joe Biden launched the Indo-Pacific Economic Framework for Prosperity (IPEF) on 23 May 2022 in Tokyo, Japan.

  • Initially 13 countries Australia, Brunei, Indonesia, Japan, Republic of Korea, Malaysia, New Zealand, the Philippines, Singapore, Thailand, and Vietnam along with the United States are members of IPEF. Together, these countries represent 40% of world GDP.
  •  Prime Minister Narendra Modi was also present at the meeting. He said that “IPEF reflects our collective desire to transform the Indo-Pacific region into an engine of global growth”.
  •  The IPEF is seen as a move to counter Chinese influence in the Indo Pacific region.

Indo-Pacific Economic Framework for Prosperity (IPEF)

  • It is not a trade bloc where tariffs on goods and services amongst the member countries are reduced to boost trade.
  •  IPEF is an attempt by the US to offer an alternative supply chain  to the countries of Asia-Pacific region against China.
  • IPEF will focus on improving the supply chain in the economy so that it can withstand disruption as witnessed during covid pandemic and will make the economy stronger and lower the cost of production .
  • At present the world is overly dependent on China for supply of goods and components needed for manufacturing products. During the outbreak of Covid pandemic there was a worldwide shortage of components in critical sectors of the economy. 
  • To reduce over reliance on China and to diversify the supply chain, the United States is promoting IPEF.
  •  President Biden said that this will be achieved through IPEF by establishing an early warning system, mapping critical mineral supply chains, improving traceability in key sectors, and coordinating diversification efforts.
  • Apart from this, IPEF also focuses on clean energy, decarbonization and infrastructure.

There are four pillars of IPEF: 

  • fair and resilient trade (including digital, labour, environmental and other standards); 
  • supply chain resilience;
  • infrastructure, decarbonisation and clean energy; and 
  • tax and anti-corruption.

 The Indian government feels that this initiative of the US will help India become a part of the global supply chain. It hopes to attract a sizable global investment in the manufacturing sector as the world moves away from China. 

Please Rate this article, so that we can improve the quality for you -

Search By Tags

Committee Festivals of India Russia-Ukraine Sports National Economy/Finance International Relations Government Schemes Popular Defence Books and Authors Science and Technology Summits Economics/Business Awards Person in news State News Important Days Sports News International News National News
serablock login_ch-testwale