Question

    With how many countries does India has some sort of

    economic relation in the form of preferential access, economic cooperation and Free Trade Agreements (FTA)?
    A 54 Correct Answer Incorrect Answer
    B 34 Correct Answer Incorrect Answer
    C 35 Correct Answer Incorrect Answer
    D 40 Correct Answer Incorrect Answer
    E none of these Correct Answer Incorrect Answer

    Solution

    India has preferential access, economic cooperation and Free Trade Agreements (FTA) with about 54 individual countries. India has signed bilateral trade deals in the form of Comprehensive Economic Partnership Agreement (CEPA)/ Comprehensive Economic Cooperation Agreement (CECA)/FTA/Preferential Trade Agreements (PTAs) with some 18 groups/ countries. India is a late, and cautious, starter in concluding comprehensive preferential tariff agreements covering substantially all trade with some of its trading partners.

    Practice Next