UPSC Prelims Practice Questions — India-New Zealand FTA, a modern trade partnership

Question 1

Which Union Ministry is the nodal ministry on the Indian side for negotiating and signing the India–New Zealand Free Trade Agreement (2026)?

Accepted Answer

Ministry of Commerce and Industry

Answer

Ministry of External Affairs

Answer

Ministry of Finance

Answer

Ministry of Industry and Internal Trade Promotion under a separate charge

Question 2

The India–New Zealand FTA (2026) is officially highlighted as delivering a 'major boost' chiefly to which one of the following labour-intensive Indian export sectors, through zero-duty access for apparel, home textiles and handlooms?

Accepted Answer

Textiles and apparel

Answer

Leather and footwear

Answer

Gems and jewellery

Answer

Engineering goods

Question 3

Under the India–New Zealand FTA (2026), New Zealand has committed to facilitate around USD 20 billion of investment into India over a period of how many years?

Accepted Answer

15 years

Answer

10 years

Answer

20 years

Answer

5 years

UPSC Prelims Practice Questions — India-New Zealand FTA, a modern trade partnership

Q1. Which Union Ministry is the nodal ministry on the Indian side for negotiating and signing the India–New Zealand Free Trade Agreement (2026)?

Q2. The India–New Zealand FTA (2026) is officially highlighted as delivering a 'major boost' chiefly to which one of the following labour-intensive Indian export sectors, through zero-duty access for apparel, home textiles and handlooms?

Q3. Under the India–New Zealand FTA (2026), New Zealand has committed to facilitate around USD 20 billion of investment into India over a period of how many years?