UPSC Prelims Practice Questions — NITI Aayog launches fifth edition of “Trade Watch Quarterly”

Question 1

The "Trade Watch Quarterly", a flagship data-driven publication analysing India's trade performance, is brought out by which one of the following institutions?

Accepted Answer

NITI Aayog

Answer

Directorate General of Foreign Trade, Ministry of Commerce and Industry

Answer

Reserve Bank of India

Answer

Department of Economic Affairs, Ministry of Finance

Question 2

The edition of the "Trade Watch Quarterly" released by NITI Aayog on 6 January 2026, covering Q1 FY 2025-26, was which numbered edition of the publication?

Accepted Answer

Fifth edition

Answer

Third edition

Answer

Fourth edition

Answer

Sixth edition

Question 3

In the fifth edition of the Trade Watch Quarterly, the coverage period described as "Q1 FY 2025-26" refers to which one of the following calendar spans?

Accepted Answer

April to June 2025

Answer

January to March 2025

Answer

July to September 2025

Answer

April to June 2026

Question 4

The first-ever edition of the "Trade Watch Quarterly" was released in New Delhi in December 2024 by which one of the following?

Accepted Answer

Suman Bery, Vice-Chairperson, NITI Aayog

Answer

Arvind Virmani, Member, NITI Aayog

Answer

B.V.R. Subrahmanyam, CEO, NITI Aayog

Answer

The Union Minister of Commerce and Industry

Question 5

India's merchandise trade performance analysed in the Trade Watch Quarterly is governed by the Foreign Trade Policy, which is administered by which one of the following?

Accepted Answer

Directorate General of Foreign Trade under the Department of Commerce, Ministry of Commerce and Industry

Answer

Central Board of Indirect Taxes and Customs, Ministry of Finance

Answer

Reserve Bank of India

Answer

Directorate General of Foreign Trade under the Ministry of External Affairs

Question 6

In the automotive spotlight of the fifth Trade Watch Quarterly, the figure of USD 2.2 trillion denotes which one of the following?

Accepted Answer

The size of the global automotive export market

Answer

India's total merchandise exports for FY 2025-26

Answer

The size of India's domestic automotive sector alone

Answer

The global market for auto-components only

Question 7

The Production Linked Incentive (PLI) Scheme for Automobile and Auto Components, central to boosting the automotive exports highlighted by the Trade Watch Quarterly, is administered by which one of the following ministries?

Accepted Answer

Ministry of Heavy Industries

Answer

Ministry of Commerce and Industry

Answer

Ministry of Micro, Small and Medium Enterprises

Answer

Ministry of Road Transport and Highways

Question 8

NITI Aayog, which publishes the Trade Watch Quarterly, was constituted in 2015 through which one of the following instruments?

Accepted Answer

A resolution of the Union Cabinet

Answer

An Act of Parliament

Answer

An amendment to the Constitution of India

Answer

A Presidential Ordinance

Question 9

In NITI Aayog's Export Preparedness Index (EPI), which one of the following States has consistently held the top (Rank 1) position across its editions?

Accepted Answer

Gujarat

Answer

Maharashtra

Answer

Tamil Nadu

Answer

Karnataka

UPSC Prelims Practice Questions — NITI Aayog launches fifth edition of “Trade Watch Quarterly”

Q1. The "Trade Watch Quarterly", a flagship data-driven publication analysing India's trade performance, is brought out by which one of the following institutions?

Q2. The edition of the "Trade Watch Quarterly" released by NITI Aayog on 6 January 2026, covering Q1 FY 2025-26, was which numbered edition of the publication?

Q3. In the fifth edition of the Trade Watch Quarterly, the coverage period described as "Q1 FY 2025-26" refers to which one of the following calendar spans?

Q4. The first-ever edition of the "Trade Watch Quarterly" was released in New Delhi in December 2024 by which one of the following?

Q5. India's merchandise trade performance analysed in the Trade Watch Quarterly is governed by the Foreign Trade Policy, which is administered by which one of the following?

Q6. In the automotive spotlight of the fifth Trade Watch Quarterly, the figure of USD 2.2 trillion denotes which one of the following?

Q7. The Production Linked Incentive (PLI) Scheme for Automobile and Auto Components, central to boosting the automotive exports highlighted by the Trade Watch Quarterly, is administered by which one of the following ministries?

Q8. NITI Aayog, which publishes the Trade Watch Quarterly, was constituted in 2015 through which one of the following instruments?

Q9. In NITI Aayog's Export Preparedness Index (EPI), which one of the following States has consistently held the top (Rank 1) position across its editions?