Get MBA Entrance Exams Updates on Whatsapp & Email!GET UPDATES NOW
Published : Monday, 25 May, 2015 11:07 AM
MBA aspirants must be updated with General Awareness on current topics. General awareness topics with analytically drawn conclusions will benefit you in XAT, IIFT, CMAT, MAT, Essay writing, General Awareness sections besides in WAT, GD & PI.
Read General Awareness Topic:
Mongolia is a landlocked country in Central Asia sandwiched between China and Russia. It is one of the most scantly populated countries of the world with population density of merely 1.77 persons per square kilometre. According to the World Bank data, population of Mongolia in year 2013 was just 2.839 millions, almost equal to the population of Lucknow or quarter of Delhi in India. Recently, NarendraModi became the first Indian Prime Minister in history to visit Mongolia to mark sixty years of establishment of diplomatic relations as well as the 25th anniversary of Mongolian transition towards democracy. This event was used by PM to elevate the ties between India and Mongolia to ‘strategic’ level.
India- Mongolia Relations
Relations between India and Mongolia can be termed as the cordial one. Though it was the first visit by an Indian PM to Mongolia, it was not the first visit by an Indian leader. In 2011, President PratibhaPatil visited Mongolia and defence and security pacts were signed between the two. On various other occasions, the Vice President, cabinet ministers and LokSabha speaker have also visited Mongolia. While Mongolia sided with Russia during the cold war era, India became the first non-Soviet Bloc country to establish diplomatic relations with it in 1955. India also supported the membership of Mongolia into the United Nations and Non Align Movement. India also had cultural and historical relations with Mongolia by virtue of Buddhism and the Muhgals who were the descendants of Genghis Khan, the founder of Mongol Empire.
Agreements Signed During PM’s Visit
The Indian PM hailed his visit to Mongolia as ‘historic and path breaking’ and claimed that this visit will take relations with Mongolia to ‘spectacular heights’. The highlights of the visit were –
Importance of Mongolia
India could benefit immensely by having warm, close and cordial relations with Mongolia as it could play a vital role in providing leverage to India in economics as well as geo-political settings. Some major benefits that can accrue to India by virtue of Mongolia are as under –
Importance of India for Mongolia
Mongolia is the second largest landlocked country after Kazakhstan. Though it is a giant country but it is sandwiched between two much larger countries – Russia in north and China in south. Due to its geographical proximity, China has great influence on Mongolia. Mongolians believe that unduly high dependence on China for trade and commerce is not good for them. Therefore, they are also looking for a third neighbour. By invigorating ties with India, Mongolia would be able to look beyond Russia and China.
Thus, while Mongolia can reduce the dependence on its neighbours by having close ties with India, the Indian establishment latter would be able to counter China as well as benefit economically with the Mongolian assistance.
Stay informed, Stay ahead and stay inspired with MBA Rendezvous
Let's start by understanding what's meant by the term disruptive technology. A disruptive technology is basically one which displaces an established one, thereby shaking up an entire industry
The Start-up India and Stand Up India programmes were initiated basically to inculcate the habit of entrepreneurship among the fellow Indians particularly the youth
The Shanghai Cooperation Organization (SCO) is one of the most significant international organization formed in the post-cold war era.
On June 1, 2017, the newly elected United States (US) President Donald announced his decision to withdraw from the Paris Agreement on climate change, which came onto force on November 4, 2016.
The One Belt One Road (OBOR), also known as the 'Belt and Road Initiative' (BRI), is the most ambitious development project proposed by China that aims to connect Eurasian and African countries to boost economic cooperation.