International Trade MCQ — 3 Practice Questions with Answers

Practice 3 International Trade multiple-choice questions with detailed answers and explanations. Ideal for RAS/RPSC exam preparation.

3 Questions Economy

Q1. Per PM Modi at India Energy Week 2026, what percentage of goods traded between India and the EU would see reduced or eliminated tariffs under the FTA?

A 90 percent Correct

B 50 percent

C 25 percent

D 75 percent

Explanation

The article notes Modi said 90% of goods traded between India and EU would see reduced or eliminated tariffs under the FTA.

Q2. How many EU member states gained enhanced market access for goods through the India-EU FTA concluded on January 27, 2026?

A All 27 EU member states Correct

B 15 EU member states

C Only 5 major economies

D 7 Eurozone members

Explanation

The article notes the FTA encompasses the entire 27-member European Union, creating a free trade zone of 2 billion people and ~25% of global GDP.

Q3. Per the India-EU FTA terms, India agreed to a quota-based access for how many EU vehicles annually?

A 250,000 vehicles Correct

B 100,000 vehicles

C 500,000 vehicles

D 50,000 vehicles

Explanation

The article states India agreed to slash car tariffs from 110% to 10% over five years with quota-based access for 250,000 EU vehicles annually.

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Frequently Asked Questions

How many International Trade MCQ questions are available?

There are 3 International Trade practice MCQs available on Aspirant Academy, with detailed answers and explanations for each question.

Are answers and explanations provided for International Trade MCQs?

Yes, every International Trade question comes with the correct answer and a detailed explanation to help you understand the underlying concept.

How is International Trade relevant to the RAS/RPSC exam?

International Trade falls under the Economy section of the RAS/RPSC syllabus. It is a frequently tested area and regular practice with these MCQs will strengthen your preparation.

Can I practice International Trade questions in Hindi?

Yes, Aspirant Academy offers bilingual support. You can practice International Trade MCQs in both English and Hindi, including questions, options, and explanations.

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International Trade MCQ — 3 Practice Questions with Answers

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