Questions

Indian Air Force (IAF) for first time will participate in multinational air exercise Pitch Black – 18 (PB18) in Australia hosted Royal Australian Air Force (RAAF). It will be three week multi-national large force employment exercise (27 July to 17 August 2018) conducted from RAAF Base Darwin and RAAF Base Tindal.

CBLO stands for Collateralized Borrowing and Lending Obligation. CBLO is a money market instrument that represents an obligation between a borrower and a lender as to the
terms and conditions of a loan. So, C stands for Collateralized.

The Dhanush is a 155 mm towed howitzer used by the Indian Army.The gun has been developed by the Ordnance Factory Board (OFB), Kolkata, after going through design documents running into over 12,000 pages. These documents were given to India as part of the first phase of “Transfer of Technology” (ToT) under the Bofors gun deal.

 The World Economic Outlook (WEO) is a survey conducted and published by the International Monetary Fund. It is published biannually and partly updated two times a year. It portrays the world economy in the near and medium context, with projections for up to four years into the future.