UPSC Prelims Practice Questions — Canada, India negotiating pact to double trade by 2030, says Carney

Question 1

Which one of the following is the nodal Indian Government body leading the negotiations of the India–Canada Comprehensive Economic Partnership Agreement (CEPA)?

Accepted Answer

Department of Commerce, Ministry of Commerce and Industry

Answer

Department for Promotion of Industry and Internal Trade (DPIIT), Ministry of Commerce and Industry

Answer

Department of Economic Affairs, Ministry of Finance

Answer

Economic Diplomacy and States Division, Ministry of External Affairs

Question 2

The Terms of Reference for the India–Canada Comprehensive Economic Partnership Agreement (2026) were signed on the Indian side by the Union Minister holding which one of the following portfolios?

Accepted Answer

Commerce and Industry

Answer

External Affairs

Answer

Finance and Corporate Affairs

Answer

Electronics and Information Technology

Question 3

Under the India–Canada Comprehensive Economic Partnership Agreement framework launched in 2026, the two countries have set a target to expand bilateral trade by 2030 to which one of the following levels?

Accepted Answer

USD 50 billion

Answer

USD 25 billion

Answer

USD 70 billion

Answer

USD 100 billion

Question 4

As of the end of May 2026, how many formal rounds of negotiations of the India–Canada Comprehensive Economic Partnership Agreement (CEPA) had been concluded following the signing of its Terms of Reference?

Accepted Answer

Two

Answer

One

Answer

Three

Answer

Four

UPSC Prelims Practice Questions — Canada, India negotiating pact to double trade by 2030, says Carney

Q1. Which one of the following is the nodal Indian Government body leading the negotiations of the India–Canada Comprehensive Economic Partnership Agreement (CEPA)?

Q2. The Terms of Reference for the India–Canada Comprehensive Economic Partnership Agreement (2026) were signed on the Indian side by the Union Minister holding which one of the following portfolios?

Q3. Under the India–Canada Comprehensive Economic Partnership Agreement framework launched in 2026, the two countries have set a target to expand bilateral trade by 2030 to which one of the following levels?

Q4. As of the end of May 2026, how many formal rounds of negotiations of the India–Canada Comprehensive Economic Partnership Agreement (CEPA) had been concluded following the signing of its Terms of Reference?