MCQ
India-Singapore FDI and trade MCQ - Practice Questions with Answers
Solve 1 India-Singapore FDI and trade questions for RAS/RPSC preparation.
Practice questions
Q1Consider the following statements regarding India-Singapore economic ties as cited in the PIB release on Piyush Goyal's August 2026 Singapore visit: 1. In FY 2025-26, Singapore was India's second-largest source of FDI, with inflows of 36.1 billion US dollars. 2. After CECA, bilateral trade declined from 36.1 billion US dollars in FY 2004-05 to 6.7 billion US dollars in FY 2025-26. Which of the statements given above is/are correct?
Statement 1 is incorrect: Singapore was the largest FDI source in FY 2025-26 with 19.8 billion US dollars, not the second-largest with 36.1 billion. Statement 2 is incorrect: after CECA, bilateral trade rose from 6.7 billion US dollars in FY 2004-05 to 36.1 billion US dollars in FY 2025-26; it did not decline. Hence neither statement is correct.
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