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EconomyMedium

The India-EFTA Trade and Economic Partnership Agreement came into force on which date?

  1. A.1 April 2024
  2. B.1 October 2025
  3. C.7 October 2026
  4. D.28 October 2026

Correct answer

B. 1 October 2025

Explanation

The correct answer is 1 October 2025. 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. Under the agreement the EFTA States aim to increase foreign direct investment into India by one hundred billion dollars over fifteen years and to help generate a million direct jobs. Option C is the date of the India-EFTA Prosperity Summit held in New Delhi to mark the agreement's first anniversary, and option D is the date of the courtesy call itself, so both are related events rather than the date of entry into force. Option A has no connection with the agreement. Aspirants should keep the three dates apart, since questions often pair the year of entry into force with the investment target.

Read the full article: India-EFTA TEPA: Goyal Meets Liechtenstein Prince Alois

Q1.EconomyMedium

How much FDI do the EFTA States aim to bring into India under TEPA, and over what period?

  1. A.50 billion dollars over 10 years
  2. B.75 billion dollars over 12 years
  3. C.100 billion dollars over 15 years
  4. D.150 billion dollars over 20 years
Show answer
Correct answer: C. 100 billion dollars over 15 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.

Q3.EconomyMedium

Within manufacturing, which industry group recorded the highest growth in September 2026?

  1. A.Manufacture of motor vehicles, trailers and semi-trailers
  2. B.Manufacture of electrical equipment
  3. C.Manufacture of rubber and plastics products
  4. D.Manufacture of basic metals
Show answer
Correct answer: B. Manufacture of electrical equipment

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.