UPSC Prelims Practice Questions — A China-U.S. summit that drew global attention

Q1. At the May 2026 Trump-Xi Beijing summit the two sides agreed to set up a 'Board of Trade'. In this context, the Board of Trade is best described as which one of the following?

  • A. A government-to-government forum to manage trade between the US and China in non-sensitive goods
  • B. A joint stock exchange for listing Chinese companies on American markets
  • C. A WTO dispute-settlement panel constituted to hear bilateral tariff cases
  • D. A private council of American and Chinese corporate chief executives

Q2. As part of the outcomes announced after the May 2026 Beijing summit, China committed to purchasing how many Boeing aircraft?

  • A. 100
  • B. 200
  • C. 300
  • D. 500

Q3. The framework agreement underlying the October 2025 China-US trade truce was negotiated over a weekend in which one of the following countries?

  • A. Malaysia
  • B. Switzerland
  • C. South Korea
  • D. Singapore

Q4. Ahead of the planned September 2026 reciprocal Xi-Trump meeting, the Beijing summit agreed to a 'Board of Investment'. This body is best described as which one of the following?

  • A. A government-to-government forum for discussing investment-related issues between the US and China
  • B. A jointly capitalised sovereign wealth fund of the two governments
  • C. A newly created subsidiary of the International Monetary Fund
  • D. A private-equity vehicle jointly run by Boeing and COMAC

Q5. To reduce US dependence on Chinese rare earths, the Trump administration announced a roughly $12 billion critical-minerals stockpile under which one of the following initiatives?

  • A. Project Vault
  • B. Project Stargate
  • C. Operation Warp Speed
  • D. Strategic Petroleum Reserve

Q6. The Indo-Pacific Maritime Surveillance Collaboration (IPMSC), launched in May 2026 amid the China-US and West Asia churn, was announced at a foreign ministers' meeting of which grouping, hosted in New Delhi?

  • A. The Quad
  • B. BRICS
  • C. The Shanghai Cooperation Organisation
  • D. BIMSTEC

Q7. The Strait of Hormuz, a flashpoint forming the backdrop to the 2026 summit, connects the Persian Gulf with which one of the following?

  • A. The Gulf of Oman, and thence the Arabian Sea
  • B. The Red Sea, via the Bab-el-Mandeb
  • C. The Mediterranean Sea, via the Suez Canal
  • D. The Caspian Sea