UPSC Prelims Practice Questions — Modi holds talks with Carney at G7; hopeful of trade deal

Q1. With reference to the India–Canada Comprehensive Economic Partnership Agreement (CEPA), consider the following statements: 1. India–Canada CEPA negotiations were first launched in 2010 and were suspended in 2013. 2. The Terms of Reference for the renewed CEPA were signed on 2 March 2026 at Hyderabad House, New Delhi. 3. The renewed CEPA targets a bilateral trade volume of US$100 billion by 2030. Which of the statements given above is/are correct?

  1. India–Canada CEPA negotiations were first launched in 2010 and were suspended in 2013.
  2. The Terms of Reference for the renewed CEPA were signed on 2 March 2026 at Hyderabad House, New Delhi.
  3. The renewed CEPA targets a bilateral trade volume of US$100 billion by 2030.
  • A. 1 and 2 only
  • B. 2 and 3 only
  • C. 1 and 3 only
  • D. 1, 2 and 3

Q2. With reference to the India–Canada Comprehensive Economic Partnership Agreement (CEPA), which of the following are correctly identified? 1. India's nodal ministry for the CEPA negotiations is the Ministry of Commerce & Industry. 2. The Canadian counterpart signatory to the Terms of Reference was the Minister of International Trade. 3. The Terms of Reference were signed at Rashtrapati Bhavan, New Delhi. 4. PM Mark Carney's February–March 2026 trip was the first bilateral visit by a Canadian PM to India since 2018. Which of the above is/are correctly identified?

  1. India's nodal ministry for the CEPA negotiations is the Ministry of Commerce & Industry.
  2. The Canadian counterpart signatory to the Terms of Reference was the Minister of International Trade.
  3. The Terms of Reference were signed at Rashtrapati Bhavan, New Delhi.
  4. PM Mark Carney's February–March 2026 trip was the first bilateral visit by a Canadian PM to India since 2018.
  • A. 1 and 2 only
  • B. 2 and 4 only
  • C. 1, 2 and 4
  • D. 1, 3 and 4

Q3. Who, among the following, became the first Canadian Prime Minister to undertake a bilateral visit to India since 2018, when he travelled to New Delhi in February–March 2026 for the launch of the renewed CEPA process?

  • A. Justin Trudeau
  • B. Mark Carney
  • C. Maninder Sidhu
  • D. Stephen Harper

Q4. Which of the following Union ministries is the nodal implementing ministry on the Indian side for the negotiations of the India–Canada Comprehensive Economic Partnership Agreement (CEPA)?

  • A. Ministry of External Affairs
  • B. Ministry of Finance
  • C. Ministry of Commerce & Industry
  • D. NITI Aayog

Q5. Under the renewed India–Canada Comprehensive Economic Partnership Agreement (CEPA) launched in 2026, what is the announced target for bilateral trade between India and Canada by the year 2030 (in US$ billion)?

  • A. 25
  • B. 50
  • C. 75
  • D. 100