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      Question

      By the 10th year of implementation, what is the

      projected annual customs revenue loss for India under the India-UK FTA?
      A ₹6,345 crore Correct Answer Incorrect Answer
      B ₹7,100 crore Correct Answer Incorrect Answer
      C ₹5,960 crore Correct Answer Incorrect Answer
      D ₹4,060 crore Correct Answer Incorrect Answer
      E ₹3,800 crore Correct Answer Incorrect Answer

      Solution

      The annual loss to India’s customs revenue from the FTA with the UK is projected to rise to ₹6,345 crore by the 10th year, as tariffs are phased out on a larger number of goods over time.

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