BANKING AFFAIRS

Detailed explanation-1: -Recently, India’s INS Kochi and Russian ships engaged in the international Passage Exercise (PASSEX). A passage exercise is normally undertaken whenever an opportunity arises, in contrast to pre-planned maritime drills.

Detailed explanation-2: -The eighth edition of Exercise Garuda Shakti focuses on enhancing understanding, cooperation and interoperability between the Special Forces of both armies. The goal of the joint exercise is to advance the special forces’ skills.

Detailed explanation-3: -Indian Navy’s indigenously designed and built guided missile destroyer, INS Kochi, exercised with Russian Federation Navy’s RFS Admiral Tributs on 14 January 2022 in the Arabian Sea.

Detailed explanation-4: -A passing exercise (a PASSEX in U.S. Navy terminology) is an exercise done between two navies to ensure that the navies are able to communicate and cooperate in times of war or humanitarian relief.