India's Trade Agreements

Description: This quiz evaluates your knowledge about India's Trade Agreements.
Number of Questions: 15
Created by:
Tags: international economic relations trade agreements india's trade policy
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Which of the following is NOT a major objective of India's trade agreements?

  1. Promoting economic growth and development

  2. Increasing market access for Indian goods and services

  3. Attracting foreign investment

  4. Protecting domestic industries from foreign competition


Correct Option: D
Explanation:

India's trade agreements are primarily aimed at promoting economic growth and development, increasing market access for Indian goods and services, and attracting foreign investment. Protecting domestic industries from foreign competition is not a major objective of India's trade agreements.

India's first Free Trade Agreement (FTA) was signed with which country?

  1. Sri Lanka

  2. Nepal

  3. Bangladesh

  4. Pakistan


Correct Option: A
Explanation:

India's first FTA was signed with Sri Lanka in 1998.

Which of the following is NOT a member of the South Asian Free Trade Area (SAFTA)?

  1. India

  2. Pakistan

  3. Bangladesh

  4. Afghanistan


Correct Option: D
Explanation:

Afghanistan is not a member of SAFTA.

The India-ASEAN Free Trade Agreement (FTA) came into effect in which year?

  1. 2009

  2. 2010

  3. 2011

  4. 2012


Correct Option: B
Explanation:

The India-ASEAN FTA came into effect in 2010.

Which of the following is NOT a member of the Regional Comprehensive Economic Partnership (RCEP)?

  1. India

  2. China

  3. Japan

  4. United States


Correct Option: D
Explanation:

The United States is not a member of RCEP.

The India-EU Free Trade Agreement (FTA) negotiations were launched in which year?

  1. 2007

  2. 2008

  3. 2009

  4. 2010


Correct Option: A
Explanation:

The India-EU FTA negotiations were launched in 2007.

Which of the following is NOT a key element of the India-US Trade Policy Forum?

  1. Promoting bilateral trade and investment

  2. Addressing trade barriers and market access issues

  3. Enhancing cooperation in intellectual property rights

  4. Resolving trade disputes


Correct Option: D
Explanation:

Resolving trade disputes is not a key element of the India-US Trade Policy Forum.

The India-Africa Forum Summit (IAFS) is held every how many years?

  1. 2

  2. 3

  3. 4

  4. 5


Correct Option: B
Explanation:

The IAFS is held every three years.

Which of the following is NOT a member of the BRICS (Brazil, Russia, India, China, South Africa) grouping?

  1. Brazil

  2. Russia

  3. India

  4. Mexico


Correct Option: D
Explanation:

Mexico is not a member of BRICS.

The India-Mercosur Preferential Trade Agreement (PTA) was signed in which year?

  1. 2004

  2. 2005

  3. 2006

  4. 2007


Correct Option: A
Explanation:

The India-Mercosur PTA was signed in 2004.

Which of the following is NOT a component of India's Look East Policy?

  1. Strengthening economic ties with East Asian countries

  2. Promoting cultural and educational exchanges

  3. Enhancing security cooperation

  4. Supporting regional integration initiatives


Correct Option: D
Explanation:

Supporting regional integration initiatives is not a component of India's Look East Policy.

The India-Japan Comprehensive Economic Partnership Agreement (CEPA) came into effect in which year?

  1. 2011

  2. 2012

  3. 2013

  4. 2014


Correct Option: A
Explanation:

The India-Japan CEPA came into effect in 2011.

Which of the following is NOT a member of the Quadrilateral Security Dialogue (Quad)?

  1. India

  2. United States

  3. Japan

  4. Australia


Correct Option: D
Explanation:

Australia is not a member of the Quad.

The India-Canada Comprehensive Economic Partnership Agreement (CEPA) negotiations were launched in which year?

  1. 2010

  2. 2011

  3. 2012

  4. 2013


Correct Option: A
Explanation:

The India-Canada CEPA negotiations were launched in 2010.

Which of the following is NOT a key objective of India's trade agreements with African countries?

  1. Promoting economic growth and development

  2. Increasing market access for Indian goods and services

  3. Attracting foreign investment

  4. Countering China's influence in Africa


Correct Option: D
Explanation:

Countering China's influence in Africa is not a key objective of India's trade agreements with African countries.

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