MOU & COLLABORATIONS
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India and China Set to Resume Border Trade via Lipulekh Pass in June 2026
After a seven-year hiatus caused by the pandemic and border tensions, India will restart trade with China through the Lipulekh Pass in Uttarakhand.
The seasonal trade window is scheduled from June to September, aiming to boost the local economy and traditional Himalayan trade routes.
This diplomatic breakthrough followed high-level discussions between National Security Advisor Ajit Doval and Chinese official Wang Yi.
Exam Perspective: Understanding key trade passes like Lipulekh, Shipki La, and Nathu La is vital for geography and international relations sections.
The seasonal trade window is scheduled from June to September, aiming to boost the local economy and traditional Himalayan trade routes.
This diplomatic breakthrough followed high-level discussions between National Security Advisor Ajit Doval and Chinese official Wang Yi.
Exam Perspective: Understanding key trade passes like Lipulekh, Shipki La, and Nathu La is vital for geography and international relations sections.
Key Facts / Static GK
Lipulekh Pass Location: Pithoragarh district, Uttarakhand
Shipki La: Located in Himachal Pradesh
Nathu La: Located in Sikkim
Shipki La: Located in Himachal Pradesh
Nathu La: Located in Sikkim
Practice Quiz — 25 March 2026
Q1. Which organization developed the 'Real-time Internal Audit Portal' launched by the Ministry of Rural Development?
Answer: (B) National Informatics Centre (NIC) — The Real-time Internal Audit Portal was developed by the National Informatics Centre (NIC) under the Ministry of Electronics and Information Technology (MeitY).
Q2. The Lipulekh Pass, which is set to resume border trade in 2026, connects India with which of the following regions?
Answer: (B) Tibet (China) — The Lipulekh Pass is a historic route connecting the Pithoragarh district of Uttarakhand, India, with Tibet (China).
Q3. What is the new minimum investment requirement for Social Impact Funds (SIFs) as per the SEBI 213th Board Meeting reforms?
Answer: (D) ₹1,000 — SEBI reduced the minimum investment threshold for Social Impact Funds (SIFs) from ₹2 lakh to ₹1,000 to make them accessible to retail investors.
Q4. Under the DEA Fund Scheme 2014, after how many years of inactivity must a bank transfer the credit balance to the RBI?
Answer: (C) 10 years — Under the DEA Fund Scheme 2014, banks are required to transfer credit balances in accounts that have been inactive for 10 years or more to the DEA Fund.
Q5. According to the National Generation Adequacy Plan, what is India's projected total power capacity by the year 2035–36?
Answer: (C) 1,121 GW — The plan projects that India's installed power generation capacity will increase to 1,121 Gigawatt (GW) by the year 2035-36.
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