UPSC Prelims Practice Questions — Swiss India Chamber eyes WEF to woo investments

Q1. The India–EFTA Trade and Economic Partnership Agreement (TEPA), which entered into force in October 2025, is best described as which one of the following?

  • A. India's first Free Trade Agreement with a bloc of developed nations
  • B. India's first Free Trade Agreement with a European Union member state
  • C. India's first Free Trade Agreement to include a chapter on intellectual property rights
  • D. India's first Free Trade Agreement to be signed with a G7 economy

Q2. How many member States constitute the European Free Trade Association (EFTA), India's counterparty in the TEPA?

  • A. Three
  • B. Four
  • C. Five
  • D. Seven

Q3. Which of the following is the nodal Union Ministry for the implementation of the India–EFTA Trade and Economic Partnership Agreement (TEPA)?

  • A. Ministry of External Affairs
  • B. Ministry of Finance
  • C. Ministry of Commerce and Industry
  • D. Ministry of Corporate Affairs

Q4. On which date did the India–EFTA Trade and Economic Partnership Agreement (TEPA) enter into force?

  • A. 10 March 2024
  • B. 1 April 2025
  • C. 1 October 2025
  • D. 1 January 2026