Question : Which international trade agreement promoted trade liberalization in India?
Option 1: ASEAN Free Trade Agreement
Option 2: SAARC Preferential Trade Agreement
Option 3: South Asian Free Trade Area (SAFTA)
Option 4: Comprehensive Economic Cooperation Agreement (CECA)
Correct Answer: South Asian Free Trade Area (SAFTA)
Solution : The correct answer is (c) South Asian Free Trade Area (SAFTA).
SAFTA is a trade agreement between the member states of the South Asian Association for Regional Cooperation (SAARC). It was signed in 2004 and came into force in 2006. The agreement aims to reduce tariffs and other barriers to trade between SAARC countries. It has been credited with promoting trade liberalization in India, which is a member of SAARC.
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Question : What is a key area of potential cooperation between India and Central Asian countries?
Option 1: Information technology
Option 2: Pharmaceutical exports
Option 3: Renewable energy
Option 4: Counter-terrorism efforts
Question : Which of the following is a significant area of cooperation between India and China in recent years?
Option 1: Border security
Option 2: Military alliances
Option 3: Trade and investment
Option 4: Joint space missions
Question : Which sector has been a key area of cooperation between India and Russia post-Cold War?
Option 1: Agriculture
Option 2: Defense
Option 3: Textiles
Option 4: Tourism
Question : What has been a key area of cooperation between India and the US in the post-Cold War era?
Option 1: Space exploration
Option 2: Counter-terrorism efforts
Option 3: Climate change initiatives
Option 4: Cultural exchange programs
Question : Which area has become a key focus of cooperation between India and the USA in recent years?
Option 2: Renewable energy
Option 3: Cybersecurity
Option 4: All of the above
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