How much FDI do the EFTA States aim to bring into India under TEPA, and over what period?
- A.50 billion dollars over 10 years
- B.75 billion dollars over 12 years
- C.100 billion dollars over 15 years
- D.150 billion dollars over 20 years
Correct answer
Explanation
The correct answer is one hundred billion dollars over fifteen years. That is the investment aim written into the India-EFTA Trade and Economic Partnership Agreement, and it is paired with the facilitation of a million direct jobs in India. Shri Piyush Goyal called the framework a chance to convert stronger economic engagement into long-term investment, productive capacity, technology partnerships and employment generation. The combinations given in options A, B and D do not match the agreement's stated aim. For context the Minister also cited India's own record: cumulative foreign direct investment of 843 billion dollars between FY 2014-15 and FY 2025-26, and a record inflow of 94.53 billion dollars in FY 2025-26. Remembering the pair of figures, the target on one side and the actual inflows on the other, is usually enough for this kind of question.
Read the full article: India-EFTA TEPA: Goyal Meets Liechtenstein Prince Alois
Practice Questions
The India-EFTA Trade and Economic Partnership Agreement came into force on which date?
- A.1 April 2024
- B.1 October 2025
- C.7 October 2026
- D.28 October 2026
Show answer
The India-EFTA Trade and Economic Partnership Agreement entered into force on that date, a point Commerce and Industry Minister Shri Piyush Goyal made while calling on Hereditary Prince Alois of Liechtenstein.
Read the full explanation →Which of the following is NOT a member of the European Free Trade Association (EFTA)?
- A.Switzerland
- B.Norway
- C.Liechtenstein
- D.Sweden
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EFTA is made up of Switzerland, Norway, Iceland and Liechtenstein, so options A, B and C are all members.
Read the full explanation →Within manufacturing, which industry group recorded the highest growth in September 2026?
- A.Manufacture of motor vehicles, trailers and semi-trailers
- B.Manufacture of electrical equipment
- C.Manufacture of rubber and plastics products
- D.Manufacture of basic metals
Show answer
Items such as switchgear and circuit breakers, uninterruptible power supplies and solid-state drives, and end-face connectors for optical fibres pushed the group up, which tells a story about demand from power distribution and data networks.
Read the full explanation →What is the base year currently used for compiling the Index of Industrial Production?
- A.2011-12 equal to 100
- B.2017-18 equal to 100
- C.2022-23 equal to 100
- D.2024-25 equal to 100
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On this base the general index for the month under review reads above the hundred mark, which simply means output is higher than it was in the base year.
Read the full explanation →Which sector recorded the fastest growth in the Index of Industrial Production for September 2026?
- A.Manufacturing
- B.Mining and quarrying
- C.Electricity and gas supply
- D.Water supply, sewerage and waste management
Show answer
The correct answer is electricity and gas supply, which grew at the fastest rate among the four sectors that make up the index.
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