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India Strengthens Economic Ties with Oman, Boosts Telecom Exports Amidst Robust Growth

December 19, 2025

India has signed a landmark Comprehensive Economic Partnership Agreement (CEPA) with Oman, marking a significant step in enhancing its economic engagement in the Gulf region. This comes as Prime Minister Narendra Modi highlighted India's continued status as the fastest-growing major economy globally, with growth exceeding 8%. Additionally, India's telecom exports have shown remarkable growth, increasing by 72%. These developments are set against a backdrop of ongoing efforts to mitigate the impact of US tariffs and strengthen India's position in global trade.

Question 1 of 12

1. On which date did India and Oman sign the Comprehensive Economic Partnership Agreement (CEPA)?

A) August 15, 2025 B) December 18, 2025 C) January 26, 2025 D) November 10, 2025

ALL TN Comp Exams Prep

India Strengthens Economic Ties with Oman, Boosts Telecom Exports Amidst Robust Growth

Your Score: 0 / 0

1. On which date did India and Oman sign the Comprehensive Economic Partnership Agreement (CEPA)?

2. The India-Oman CEPA is significant for Oman as it represents its first free trade pact in how many years?

3. What percentage of the total value of India's exports to Oman will receive duty-free access under the newly signed CEPA?

4. According to the recent economic performance review mentioned, what is India's current global ranking by GDP size?

5. India's telecom exports grew from US$1.10 billion to US$2.03 billion, representing a growth of:

6. Which country's decision to increase import tariffs to 50% in August 2025 has led India to aggressively pursue more Free Trade Agreements?

7. Sanjeev Sanyal, a member of the EAC-PM, compared the current weakness of the Indian Rupee to historical trends seen in which two countries during their high-growth phases?

8. HCL Technologies announced the acquisition of which company's Telco Solutions Business for USD 160 million?

9. Which company is Reliance Industries acquiring a majority stake in to expand its presence in the FMCG sector?

10. Which infrastructure firm's joint venture recently secured a contract worth Rs 1,804.48 crore from the Municipal Corporation of Greater Mumbai (MCGM)?

11. How much capital did Vodafone Idea raise through its Non-Convertible Debenture (NCD) issue to support operations?

12. Beyond goods, what other areas does the India-Oman CEPA encompass?

India Strengthens Economic Ties with Oman, Boosts Telecom Exports Amidst Robust Growth

Your Score: 0 / 0

1. On which date did India and Oman sign the Comprehensive Economic Partnership Agreement (CEPA)?

2. The India-Oman CEPA is significant for Oman as it represents its first free trade pact in how many years?

3. What percentage of the total value of India's exports to Oman will receive duty-free access under the newly signed CEPA?

4. According to the recent economic performance review mentioned, what is India's current global ranking by GDP size?

5. India's telecom exports grew from US$1.10 billion to US$2.03 billion, representing a growth of:

6. Which country's decision to increase import tariffs to 50% in August 2025 has led India to aggressively pursue more Free Trade Agreements?

7. Sanjeev Sanyal, a member of the EAC-PM, compared the current weakness of the Indian Rupee to historical trends seen in which two countries during their high-growth phases?

8. HCL Technologies announced the acquisition of which company's Telco Solutions Business for USD 160 million?

9. Which company is Reliance Industries acquiring a majority stake in to expand its presence in the FMCG sector?

10. Which infrastructure firm's joint venture recently secured a contract worth Rs 1,804.48 crore from the Municipal Corporation of Greater Mumbai (MCGM)?

11. How much capital did Vodafone Idea raise through its Non-Convertible Debenture (NCD) issue to support operations?

12. Beyond goods, what other areas does the India-Oman CEPA encompass?

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