UPSC Prelims Practice Questions — Trade deals made from position of strength: PM

Q1. With reference to bilateral trade agreements concluded by India since 2022, consider the following: 1. Comprehensive Economic Partnership Agreement (CEPA) with the United Arab Emirates 2. Economic Cooperation and Trade Agreement (ECTA) with Australia 3. Comprehensive Economic and Trade Agreement (CETA) with the United Kingdom 4. Comprehensive Economic Partnership Agreement (CEPA) with Canada Which of the above is/are correctly identified as agreements signed/concluded by India between 2022 and February 2026?

  1. CEPA with the United Arab Emirates
  2. ECTA with Australia
  3. CETA with the United Kingdom
  4. CEPA with Canada
  • A. 1 and 2 only
  • B. 1, 2 and 3 only
  • C. 2, 3 and 4 only
  • D. 1, 2, 3 and 4

Q2. The India–European Union Free Trade Agreement, described by Prime Minister Narendra Modi as having been concluded 'from a position of strength', was announced at which one of the following summits?

  • A. 14th India–EU Summit
  • B. 15th India–EU Summit
  • C. 16th India–EU Summit
  • D. 17th India–EU Summit

Q3. Consider the following statements comparing the India–United Kingdom Comprehensive Economic and Trade Agreement (CETA) with the India–European Union Free Trade Agreement (FTA): 1. The India–UK CETA was signed prior to the conclusion of the India–EU FTA. 2. The India–EU FTA was concluded at the 16th India–EU Summit held in New Delhi. 3. Unlike the India–UK CETA, the India–EU FTA provides unrestricted tariff-free market access for Indian dairy and rice exports. Which of the statements given above is/are correct?

  1. The India–UK CETA was signed prior to the conclusion of the India–EU FTA.
  2. The India–EU FTA was concluded at the 16th India–EU Summit held in New Delhi.
  3. Unlike the India–UK CETA, the India–EU FTA provides unrestricted tariff-free market access for Indian dairy and rice exports.
  • A. 1 and 2 only
  • B. 2 and 3 only
  • C. 1 and 3 only
  • D. 1, 2 and 3

Q4. Which one of the following is the nodal Union ministry that negotiated the India–European Union Free Trade Agreement on behalf of the Government of India?

  • A. Ministry of External Affairs
  • B. Ministry of Finance (Department of Economic Affairs)
  • C. Ministry of Commerce and Industry (Department of Commerce)
  • D. NITI Aayog