MCQs on Regional Trade Agreements in India – Indian Geography
Q1. How many Regional Trade Agreements (RTAs) has India signed?
a) 5
b) 10
c) 13
d) 20
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Correct Answer: c) 13
Explanation: India has signed 13 Regional Trade Agreements (RTAs) with various countries and regions.
Q2. Which of the following countries is a member of the South Asian Free Trade Area (SAFTA)?
a) India
b) China
c) Japan
d) Australia
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Correct Answer: a) India
Explanation: India is a member of the South Asian Free Trade Area (SAFTA), along with other South Asian countries.
Q3. Which of the following regional trade agreements does India have with Japan?
a) India-Japan Comprehensive Economic Partnership Agreement (CEPA)
b) India-Japan Free Trade Agreement (FTA)
c) India-Japan Preferential Trade Agreement (PTA)
d) India-Japan Economic Cooperation Agreement (ECA)
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Correct Answer: a) India-Japan Comprehensive Economic Partnership Agreement (CEPA)
Explanation: India has a Comprehensive Economic Partnership Agreement (CEPA) with Japan.
Q4. Which regional trade agreement does India have with the Association of Southeast Asian Nations (ASEAN)?
a) India-ASEAN Free Trade Agreement (FTA)
b) India-ASEAN Comprehensive Economic Cooperation Agreement (CECA)
c) India-ASEAN Preferential Trade Agreement (PTA)
d) India-ASEAN Economic Cooperation Agreement (ECA)
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Correct Answer: b) India-ASEAN Comprehensive Economic Cooperation Agreement (CECA)
Explanation: India has a Comprehensive Economic Cooperation Agreement (CECA) with the ASEAN region.
Q5. Which of the following countries is NOT a member of the South Asian Association for Regional Cooperation (SAARC)?
a) India
b) Pakistan
c) Bangladesh
d) Indonesia
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Correct Answer: d) Indonesia
Explanation: Indonesia is not a member of SAARC. SAARC members include India, Pakistan, Bangladesh, and other South Asian countries.
Q6. Which of the following regional trade agreements is India a part of in the Bay of Bengal region?
a) Bay of Bengal Initiative for Multi-Sectoral Technical and Economic Cooperation (BIMSTEC) Free Trade Area
b) Bay of Bengal Free Trade Agreement (FTA)
c) Bay of Bengal Preferential Trade Agreement (PTA)
d) Bay of Bengal Economic Cooperation Agreement (ECA)
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Correct Answer: a) Bay of Bengal Initiative for Multi-Sectoral Technical and Economic Cooperation (BIMSTEC) Free Trade Area
Explanation: India is a part of the Bay of Bengal Initiative for Multi-Sectoral Technical and Economic Cooperation (BIMSTEC) Free Trade Area.
Q7. Which of the following countries has a Comprehensive Economic Partnership Agreement (CEPA) with India?
a) United States
b) China
c) South Korea
d) Russia
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Correct Answer: c) South Korea
Explanation: India has a Comprehensive Economic Partnership Agreement (CEPA) with South Korea.
Q8. Which of the following countries has a Comprehensive Economic Cooperation and Partnership Agreement (CECPA) with India?
a) Mauritius
b) United Arab Emirates
c) Australia
d) Canada
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Correct Answer: a) Mauritius
Explanation: India has a Comprehensive Economic Cooperation and Partnership Agreement (CECPA) with Mauritius.
Q9. Which of the following countries is NOT a member of the India-ASEAN Comprehensive Economic Cooperation Agreement (CECA)?
a) Malaysia
b) Thailand
c) Vietnam
d) Japan
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Correct Answer: d) Japan
Explanation: Japan is not a member of the India-ASEAN Comprehensive Economic Cooperation Agreement (CECA). The agreement includes India and the ASEAN countries.
Q10. Which of the following regional trade agreements is India a part of in the South Asian region?
a) South Asian Free Trade Area (SAFTA)
b) South Asian Preferential Trade Agreement (SAPTA)
c) South Asian Economic Cooperation Agreement (ECA)
d) South Asian Comprehensive Economic Partnership Agreement (CEPA)
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Correct Answer: a) South Asian Free Trade Area (SAFTA)
Explanation: India is a part of the South Asian Free Trade Area (SAFTA).
Q11. Which of the following countries has a Preferential Trading Agreement (PTA) with India?
a) Afghanistan
b) United States
c) China
d) Russia
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Correct Answer: a) Afghanistan
Explanation: India has a Preferential Trading Agreement (PTA) with Afghanistan.
Q12. Which of the following regional trade agreements does India have with Sri Lanka?
a) India-Sri Lanka Free Trade Agreement (FTA)
b) India-Sri Lanka Comprehensive Economic Cooperation Agreement (CECA)
c) India-Sri Lanka Preferential Trade Agreement (PTA)
d) India-Sri Lanka Economic Cooperation Agreement (ECA)
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Correct Answer: a) India-Sri Lanka Free Trade Agreement (FTA)
Explanation: India has a Free Trade Agreement (FTA) with Sri Lanka.
Q13. Which of the following countries is NOT a member of the Bay of Bengal Initiative for Multi-Sectoral Technical and Economic Cooperation (BIMSTEC) Free Trade Area?
a) India
b) Bangladesh
c) Myanmar
d) Japan
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Correct Answer: d) Japan
Explanation: Japan is not a member of the Bay of Bengal Initiative for Multi-Sectoral Technical and Economic Cooperation (BIMSTEC) Free Trade Area. The agreement includes India, Bangladesh, and Myanmar, among others.
Q14. Which of the following countries has a Comprehensive Economic Partnership Agreement (CEPA) with India?
a) United States
b) Japan
c) China
d) Russia
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Correct Answer: b) Japan
Explanation: India has a Comprehensive Economic Partnership Agreement (CEPA) with Japan.
Q15. Which of the following countries has an Economic Cooperation and Trade Agreement (ECTA) with India?
a) United States
b) United Arab Emirates
c) Australia
d) Canada
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Correct Answer: c) Australia
Explanation: India has an Economic Cooperation and Trade Agreement (ECTA) with Australia.
Q16. Which of the following countries has a Comprehensive Economic Partnership Agreement (CEPA) with India?
a) United States
b) China
c) South Korea
d) Russia
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Correct Answer: c) South Korea
Explanation: India has a Comprehensive Economic Partnership Agreement (CEPA) with South Korea.
Q17. Which of the following countries has a Comprehensive Economic Cooperation and Partnership Agreement (CECPA) with India?
a) Mauritius
b) United Arab Emirates
c) Australia
d) Canada
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Correct Answer: a) Mauritius
Q18. Which of the following countries has a Free Trade Agreement (FTA) with India?
a) United States
b) Japan
c) South Korea
d) Singapore
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Correct Answer: d) Singapore
Explanation: India has a Free Trade Agreement (FTA) with Singapore, known as the Comprehensive Economic Cooperation Agreement (CECA).
Q19. Which of the following countries has a Preferential Trade Agreement (PTA) with India?
a) Chile
b) United States
c) China
d) Russia
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Correct Answer: a) Chile
Explanation: India has a Preferential Trade Agreement (PTA) with Chile, which covers a range of products and aims to promote bilateral trade between the two countries.
Q20. Which of the following countries has a Bilateral Investment Treaty (BIT) with India?
a) United States
b) United Arab Emirates
c) Australia
d) Canada
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Correct Answer: b) United Arab Emirates
Explanation: India has a Bilateral Investment Treaty (BIT) with the United Arab Emirates, which aims to promote and protect investments between the two countries.