MCQ Test: India Engages in Key Trade Talks, Eyes Economic Growth Amidst Global Dynamics

1. The 14th round of Free Trade Agreement (FTA) negotiations between India and the European Union commenced on which date?

A) September 25, 2025 B) October 6, 2025 C) November 1, 2025 D) December 15, 2025

2. Where were the 14th round of India-EU FTA negotiations held?

A) New Delhi B) Geneva C) Brussels D) Paris

3. What is the stated deadline for finalizing the India-EU FTA?

A) December 2024 B) June 2025 C) December 2025 D) March 2026

4. Which of the following is NOT explicitly mentioned as a key sticking point in the India-EU FTA negotiations?

A) Market access for automobiles B) Market access for agricultural products C) EU's Carbon Border Adjustment Mechanism (CBAM) D) Intellectual Property Rights

5. The EU's Carbon Border Adjustment Mechanism (CBAM) could impact which Indian exports, as per the text?

A) Textiles and Pharmaceuticals B) Steel and Aluminum C) IT services and Software D) Gems and Jewelry

6. India seeks duty-free access for which types of imports in the FTA negotiations with the EU?

A) Capital goods and heavy machinery B) Luxury goods and electronics C) Labor-intensive imports and emerging sectors like auto and electronics D) Defense equipment and raw materials

7. Which two Prime Ministers are scheduled to meet in Mumbai to review the India-UK Comprehensive Economic and Trade Agreement (CETA)?

A) Narendra Modi and Rishi Sunak B) Narendra Modi and Keir Starmer C) Droupadi Murmu and Keir Starmer D) S. Jaishankar and Rishi Sunak

8. When did the India-UK Comprehensive Economic and Trade Agreement (CETA) come into force?

A) July 24 B) October 1 C) August 15 D) January 1

9. What is the 'Vision 2035' associated with the India-UK economic partnership?

A) A plan for joint space exploration missions by 2035. B) A 10-year roadmap for cooperation in trade, investment, technology, defense, climate, and education. C) A target to reduce carbon emissions by 35% by 2035. D) A strategy to increase bilateral tourism by 2035.

10. Under the India-UK CETA, approximately what percentage of Indian exports by value are expected to receive duty-free access to the UK market?

A) Around 75% B) Around 85% C) Around 99% D) Around 90%

11. What is the State Bank of India's (SBI) aspiration for its asset size as a percentage of India's GDP by 2047?

A) 20% B) 25% C) 30% D) 15%

12. Who is the Chairman of the State Bank of India (SBI) mentioned in the text?

A) Arundhati Bhattacharya B) Dinesh Kumar Khara C) C.S. Setty D) Rajnish Kumar

13. The India-European Free Trade Association (EFTA) Trade and Economic Partnership Agreement (TEPA) includes a binding commitment of how much investment over the next 15 years?

A) $50 billion B) $75 billion C) $100 billion D) $150 billion

14. When did the India-EFTA Trade and Economic Partnership Agreement (TEPA) become effective?

A) July 24 B) October 1 C) October 6 D) December 2025

15. What is the estimated value of financial assets lying unclaimed with banks and regulators, as highlighted by Finance Minister Nirmala Sitharaman?

A) ₹1.20 lakh crore B) ₹1.50 lakh crore C) ₹1.84 lakh crore D) ₹2.00 lakh crore

16. Which Indian state's Chief Minister recently visited Japan to strengthen economic and industrial ties?

A) Gujarat B) Maharashtra C) Haryana D) Karnataka

ALL TN Comp Exams Prep

India Engages in Key Trade Talks, Eyes Economic Growth Amidst Global Dynamics

Your Score: 0 / 0

1. The 14th round of Free Trade Agreement (FTA) negotiations between India and the European Union commenced on which date?

2. Where were the 14th round of India-EU FTA negotiations held?

3. What is the stated deadline for finalizing the India-EU FTA?

4. Which of the following is NOT explicitly mentioned as a key sticking point in the India-EU FTA negotiations?

5. The EU's Carbon Border Adjustment Mechanism (CBAM) could impact which Indian exports, as per the text?

6. India seeks duty-free access for which types of imports in the FTA negotiations with the EU?

7. Which two Prime Ministers are scheduled to meet in Mumbai to review the India-UK Comprehensive Economic and Trade Agreement (CETA)?

8. When did the India-UK Comprehensive Economic and Trade Agreement (CETA) come into force?

9. What is the 'Vision 2035' associated with the India-UK economic partnership?

10. Under the India-UK CETA, approximately what percentage of Indian exports by value are expected to receive duty-free access to the UK market?

11. What is the State Bank of India's (SBI) aspiration for its asset size as a percentage of India's GDP by 2047?

12. Who is the Chairman of the State Bank of India (SBI) mentioned in the text?

13. The India-European Free Trade Association (EFTA) Trade and Economic Partnership Agreement (TEPA) includes a binding commitment of how much investment over the next 15 years?

14. When did the India-EFTA Trade and Economic Partnership Agreement (TEPA) become effective?

15. What is the estimated value of financial assets lying unclaimed with banks and regulators, as highlighted by Finance Minister Nirmala Sitharaman?

16. Which Indian state's Chief Minister recently visited Japan to strengthen economic and industrial ties?

India Engages in Key Trade Talks, Eyes Economic Growth Amidst Global Dynamics

Your Score: 0 / 0

1. The 14th round of Free Trade Agreement (FTA) negotiations between India and the European Union commenced on which date?

2. Where were the 14th round of India-EU FTA negotiations held?

3. What is the stated deadline for finalizing the India-EU FTA?

4. Which of the following is NOT explicitly mentioned as a key sticking point in the India-EU FTA negotiations?

5. The EU's Carbon Border Adjustment Mechanism (CBAM) could impact which Indian exports, as per the text?

6. India seeks duty-free access for which types of imports in the FTA negotiations with the EU?

7. Which two Prime Ministers are scheduled to meet in Mumbai to review the India-UK Comprehensive Economic and Trade Agreement (CETA)?

8. When did the India-UK Comprehensive Economic and Trade Agreement (CETA) come into force?

9. What is the 'Vision 2035' associated with the India-UK economic partnership?

10. Under the India-UK CETA, approximately what percentage of Indian exports by value are expected to receive duty-free access to the UK market?

11. What is the State Bank of India's (SBI) aspiration for its asset size as a percentage of India's GDP by 2047?

12. Who is the Chairman of the State Bank of India (SBI) mentioned in the text?

13. The India-European Free Trade Association (EFTA) Trade and Economic Partnership Agreement (TEPA) includes a binding commitment of how much investment over the next 15 years?

14. When did the India-EFTA Trade and Economic Partnership Agreement (TEPA) become effective?

15. What is the estimated value of financial assets lying unclaimed with banks and regulators, as highlighted by Finance Minister Nirmala Sitharaman?

16. Which Indian state's Chief Minister recently visited Japan to strengthen economic and industrial ties?

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