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MCQ

India-UK Trade Agreement MCQ - Practice Questions with Answers

Solve 1 India-UK Trade Agreement questions for RAS/RPSC preparation.

Practice questions

Q1Consider the following statements regarding the India-UK Comprehensive Economic and Trade Agreement: 1. It allows a range of domestic goods to enter the British market at zero duty. 2. It provides zero-duty market access to all of India’s exports. Which of the statements given above is/are correct?

A 1 only
B 2 only
C Both 1 and 2
D Neither 1 nor 2
Explanation

Statement 1 is correct: the agreement allows a range of domestic goods to enter the British market at zero duty. Statement 2 is incorrect because Piyush Goyal said zero-duty market access applies to nearly 99 per cent of India’s exports, not all exports.

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