RAS question
Under the India-Oman CEPA, Oman grants zero-duty access on what percentage of its tariff lines?
Correct answer: (B) 98.08%.
Under the India-Oman CEPA, Oman grants zero-duty access on 98.08% of its tariff lines, covering 99.38% of India's exports to Oman.
Explanation
The India-Oman Comprehensive Economic Partnership Agreement gives India unusually wide market access in Oman. PIB states that Oman has offered zero-duty access on 98.08% of its tariff lines, and that this covers 99.38% of India's exports to Oman. That is why 98.08% is the precise answer, not a rounded estimate. PIB frames this as an unprecedented tariff concession for India, with full tariff elimination for major labour-intensive export sectors such as gems and jewellery, textiles, leather, footwear, sports goods, plastics, furniture, agricultural products, engineering products, pharmaceuticals, medical devices and automobiles. The specific tariff-line coverage promised by Oman under the CEPA is therefore 98.08%.
Why the other options are wrong
- (A) 95% is too low; Oman's zero-duty offer is 98.08% of tariff lines.
- (C) 90% understates the market access granted under the CEPA; Oman grants zero-duty access on 98.08% of its tariff lines.
- (D) 85% is not supported by the CEPA release; Oman offered zero-duty access on 98.08% of its tariff lines.
Concept
This tests external-sector policy, especially FTAs, CEPAs and tariff liberalisation. RAS often asks such figures because market-access commitments are a compact way to test current economy agreements.
