UPSC Prelims Practice Questions — Prime Minister of Canada Mr. Mark Carney Calls India-Canada CEPA a “Game Changer” as Shri Piyush Goyal Holds High-Level Talks in Ottawa
Q1. Which Indian ministry/department is the nodal agency that hosted the negotiating rounds for the India-Canada Comprehensive Economic Partnership Agreement (CEPA)?
- A. Department of Commerce, Ministry of Commerce and Industry
- B. Department for Promotion of Industry and Internal Trade (DPIIT)
- C. Ministry of External Affairs
- D. Department of Economic Affairs, Ministry of Finance
Q2. Among the following formats of trade agreements India enters into, which one is generally the broadest in scope, covering trade in goods and services as well as investment and wider economic cooperation?
- A. Comprehensive Economic Partnership Agreement (CEPA)
- B. Preferential Trade Agreement (PTA)
- C. Early Harvest Scheme
- D. Economic Cooperation and Trade Agreement (ECTA)
Q3. Which of the following events formally launched the current round of India-Canada CEPA negotiations?
- A. Signing of the Terms of Reference on 2 March 2026
- B. Conclusion of the second round of negotiations in May 2026
- C. The 7th India-Canada Ministerial Dialogue on Trade and Investment
- D. The Modi-Carney meeting on the sidelines of the G7 Summit
Q4. As of June 2026, exactly how many rounds of India-Canada CEPA negotiations had been concluded?
- A. Two
- B. One
- C. Four
- D. Six
Q5. What distinguished the Indian business delegation that accompanied Piyush Goyal to Canada in May 2026?
- A. It was the largest-ever Indian business delegation to Canada, drawn from over 100 companies
- B. It was composed exclusively of public-sector undertakings
- C. It was the first Indian business delegation ever to visit Canada
- D. It comprised representatives from all G20 member states
Q6. Piyush Goyal's principal Canadian counterpart for the India-Canada CEPA trade negotiations is which of the following?
- A. Maninder Sidhu, Minister of International Trade
- B. Anita Anand, Minister of Foreign Affairs
- C. Heath MacDonald, Minister of Agriculture and Agri-Food
- D. François-Philippe Champagne, Minister of Finance
Q7. With respect to the June 2026 Modi-Carney meeting on the sidelines of the G7 Summit, consider the following statements. Which of the above is/are correctly identified?
- Prior to this meeting, PM Mark Carney had made a visit to India in March 2026.
- The two leaders welcomed the positive momentum in India-Canada relations.
- The leaders reaffirmed working towards raising bilateral trade to about USD 50 billion.
- The leaders announced the immediate signing of the final CEPA text at the meeting.
- A. 1, 2 and 3
- B. 1 and 4
- C. 2 and 4
- D. 1, 2, 3 and 4
Q8. The June 2026 Modi-Carney meeting, at which the leaders welcomed positive momentum in bilateral ties and progress on the CEPA, was held on the sidelines of which summit?
- A. The G7 Summit in France
- B. The G20 Summit in Johannesburg
- C. A BRICS Summit
- D. A Commonwealth Heads of Government Meeting
Q9. Regarding the India-Canada economic and trade profile, consider the following statements. Which of the above is/are NOT correct?
- For FY 2024-25, India-Canada bilateral trade stood at about USD 8.66 billion.
- The Canada Pension Plan Investment Board (CPPIB) is among global pension funds partnering with India's National Investment and Infrastructure Fund (NIIF).
- The May 2026 Indian business delegation drew firms from sectors including mining, pharmaceuticals and artificial intelligence.
- India-Canada bilateral trade in goods and services in 2024 exceeded USD 200 billion.
- A. 4 only
- B. 1 only
- C. 2 and 3
- D. 1 and 4
Q10. Approximately what was the total India-Canada bilateral trade in goods and services in 2024?
- A. US$23.66 billion
- B. US$8.98 billion
- C. US$50 billion
- D. US$12.65 billion
Q11. As per India's 2025-26 trade achievements, India's network of Free Trade Agreements spans approximately how many countries?
Q12. India and Canada have set which of the following as their shared objective for concluding the CEPA negotiations?
- A. End of 2026
- B. By 2030
- C. By 2028
- D. By March 2026