UPSC Prelims Practice Questions — Can India overtake Bangladesh in EU textile exports?

Question 1

Under which one of the following arrangements does Bangladesh currently enjoy duty-free, quota-free access to the European Union market for its garment exports?

Accepted Answer

Everything But Arms (EBA) initiative

Answer

Standard Generalised Scheme of Preferences (Standard GSP)

Answer

GSP Plus (GSP+)

Answer

Most-Favoured-Nation (MFN) treatment under the WTO

Question 2

Which one of the following countries was the single largest source of knitted/crocheted garment (HS Chapter 61) imports into the European Union in 2023, accounting for roughly 26 per cent of the EU's imports in that category?

Accepted Answer

Bangladesh

Answer

China

Answer

Türkiye

Answer

Vietnam

Question 3

After Bangladesh's scheduled graduation from Least Developed Country status in November 2026, for how many years will it continue to enjoy duty-free access to the European Union market under the transition arrangement of the Everything But Arms (EBA) scheme?

Accepted Answer

3 years

Answer

2 years

Answer

5 years

Answer

7 years

UPSC Prelims Practice Questions — Can India overtake Bangladesh in EU textile exports?

Q1. Under which one of the following arrangements does Bangladesh currently enjoy duty-free, quota-free access to the European Union market for its garment exports?

Q2. Which one of the following countries was the single largest source of knitted/crocheted garment (HS Chapter 61) imports into the European Union in 2023, accounting for roughly 26 per cent of the EU's imports in that category?

Q3. After Bangladesh's scheduled graduation from Least Developed Country status in November 2026, for how many years will it continue to enjoy duty-free access to the European Union market under the transition arrangement of the Everything But Arms (EBA) scheme?