UPSC Mains 2014 · GS II · Q19 · 12.5 marks · 200 words

India has recently signed to become founding member of New Development Bank (NDB) and also the Asian Infrastructure Investment Bank (AIIB). How will the role of the two Banks be different ? Discuss the strategic significance of these two Banks for India.

हिन्दी में

भारत ने हाल ही में "नव विकास बैंक" (NDB) और साथ ही "एशियाई आधारिक संरचना निवेश बैंक" (AIIB) के संस्थापक सदस्य बनने के लिये हस्ताक्षर किये हैं। इन दो बैंकों की भूमिकाएं एक दूसरे से किस प्रकार भिन्न होंगी ? भारत के लिये इन दो बैंकों के रणनीतिक महत्व पर चर्चा कीजिये।

Global InstitutionsRegional Groupings

How a topper answered the closest question

Toppers wrote this one in a test series: “IBSA and BRICS are both examples of India's quest for multialignment, however there are key differences in their orientation. Discuss in the context of the relevance of these groupings for India.”

Kanishak KatariaAIR 1 · CSE 2018 · 84 wordsTheir whole copy

Opening · one block, no separate opening

BRICSIBSA
* Brazil, China, India, Russia, South Africa* India, Brazil, South Africa
* focussing on asserting their role in the world economy* focussing on economic cooperation & mutual growth.

Body · points

| | * network of developing countries | * less economic clout | | * more economic & financial clout | * shared history of slavery & imperialist past | | * shared vision of asserting themselves in a west-heavy world.

Close · one block, no separate close

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How toppers approach this question, and more on its topic: open the question.

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Source: UPSC, Civil Services (Main) Examination 2014, General Studies Paper II, Q19. The paper on upsc.gov.in. Themes and links to toppers’ answers are by UPSC Grade, not by UPSC.