Industrial Growth & Economic Reforms MCQ — 354 अभ्यास प्रश्न उत्तर सहित

Explanation

CSR provisions apply to companies with net worth ≥ ₹500 crore, OR turnover ≥ ₹1,000 crore, OR net profit ≥ ₹5 crore during the immediately preceding financial year. Such companies must spend at least 2% of their average net profits of the preceding three years on CSR activities listed in Schedule VII.

Explanation

India has CEPAs with South Korea (signed August 2009, effective January 2010) and Japan (signed February 2011, effective August 2011). India also has a CEPA with UAE (2022) and ECTA with Australia (2022). Negotiations are ongoing with UK, EU, and others.

Explanation

The conference theme was 'India's Textiles: Weaving Growth, Heritage & Innovation' with the guiding ethos 'Vikas Bhi, Virasat Bhi'.

Explanation

US imposed 50% tariff hikes on Indian exports in August 2025, accelerating India's FTA diversification.

Explanation

Petroleum products (refined) are India's largest merchandise export item, reflecting India's strong refining capacity (India is a net importer of crude but net exporter of refined products). Including services, IT services would be the largest.