Question

    What is CEPA?

    A Comprehensive Economic Planning Association Correct Answer Incorrect Answer
    B Central Economic Planning Association Correct Answer Incorrect Answer
    C Comprehensive Economic Partnership Agreement Correct Answer Incorrect Answer
    D Central Economic Policy Agreement Correct Answer Incorrect Answer
    E None of these Correct Answer Incorrect Answer

    Solution

    Comprehensive Economic Cooperation Agreement (CECA) and Comprehensive Economic Partnership Agreement (CEPA): These terms describe agreements which consist of an integrated package on goods, services and investment along with other areas including IPR, competition etc. The India Korea CEPA is one such example and it covers a broad range of other areas like trade facilitation and customs cooperation, investment, competition, IPR etc.

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