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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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