UPSC Prelims Practice Questions — India, Brazil ink pacts on minerals, steel mining; agree to step up trade
Q1. The India–Mercosur trade arrangement, re-energised during President Lula's February 2026 visit to India, is best described as which one of the following?
- A. A Free Trade Agreement (FTA) eliminating tariffs on substantially all goods
- B. A Preferential Trade Agreement (PTA) granting concessional tariffs on a limited basket of goods
- C. A Comprehensive Economic Cooperation Agreement (CECA) covering goods, services and investment
- D. A Customs Union with a common external tariff
Q2. Brazil, a partner in the February 2026 mining pacts, is the world's largest producer of which one of the following minerals?
- A. Lithium
- B. Cobalt
- C. Niobium
- D. Nickel
Q3. With reference to the membership of Mercosur, the bloc engaged through the trade arrangement India seeks to deepen, consider the following:
1. Brazil
2. Argentina
3. Chile
4. Paraguay
Which of the above is/are correctly identified as full member states of Mercosur?
- Brazil
- Argentina
- Chile
- Paraguay
- A. 1, 2 and 4
- B. 1 and 3 only
- C. 2, 3 and 4
- D. 1, 2, 3 and 4
Q4. How many agreements/MoUs in total were signed between India and Brazil during President Lula da Silva's state visit in February 2026?
Q5. The February 2026 MoU to strengthen and secure the steel supply chain was signed on the Indian side by which ministry (with Brazil's Ministry of Mines and Energy)?
- A. Ministry of Mines
- B. Ministry of Steel
- C. Ministry of Commerce and Industry
- D. Ministry of External Affairs