MCQ
India-European Union Free Trade Agreement (India-EU FTA) MCQ - Practice Questions with Answers
Solve 5 India-European Union Free Trade Agreement (India-EU FTA) questions for RAS/RPSC preparation.
Practice questions
Q1When and where were negotiations for the India-European Union Free Trade Agreement concluded?
The negotiations were concluded on 27 January 2026 during the India-European Union Summit at Hyderabad House, New Delhi. Thus option A gets both the date and the venue right; the other choices alter the year, forum, or location.
Q2Which one of the following correctly describes the status and scale of the India-European Union Free Trade Agreement when negotiations concluded?
The January 2026 announcement marked conclusion of negotiations, not immediate entry into force. Signature, legal revision and internal approval procedures still remained. The partners' combined market was described as involving about 2 billion people, which establishes both the procedural status and scale in option D.
Q3Which pair correctly states India-European Union trade values reported for merchandise in 2024-25 and services in 2024?
Official figures place bilateral merchandise trade at about USD 136.54 billion in 2024-25 and services trade at USD 83.10 billion in 2024. USD 75.85 billion refers only to India's merchandise exports to the European Union, so it cannot replace either total-trade value.
Q4Match List I with List II and select the correct answer using the code below. List I (Provision) 1. Immediate duty elimination 2. Zero-duty access over 3 and 5 years 3. Preferential access through tariff reduction or tariff-rate quotas 4. India's tariff offer to European Union exports List II (Coverage) P. 70.4% of tariff lines Q. 20.3% of tariff lines R. 6.1% of tariff lines S. 92.1% of tariff lines
The European Union offer grants immediate duty elimination on 70.4% of tariff lines, phased zero-duty access on 20.3%, and tariff reductions or tariff-rate quotas on 6.1%. Separately, India offers 92.1% of its tariff lines for European Union exports. Hence the correct matching is 1-P, 2-Q, 3-R, 4-S.
Q5Consider the following statements about market access under the India-European Union Free Trade Agreement: 1. India obtained preferential access across 97% of European Union tariff lines, covering 99.5% of trade value. 2. Key labour-intensive sectors such as textiles, leather and footwear are to receive immediate duty elimination from the agreement's entry into force. Which of the statements given above is/are correct?
Both statements are correct. The European Union offer gives India preferential access across 97% of tariff lines covering 99.5% of trade value. Within this offer, major labour-intensive exports, including textiles, leather and footwear, receive duty elimination from entry into force.
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