Skip to content
GK24
InternationalMedium

Under the India–New Zealand FTA, New Zealand has committed to facilitate investment of how much into India?

  1. A.USD 10 billion
  2. B.USD 15 billion
  3. C.USD 20 billion
  4. D.USD 25 billion

Correct answer

C. USD 20 billion

Explanation

The correct answer is USD 20 billion. The agreement includes New Zealand's commitment to facilitate investment of this amount into India, and the Commerce Ministry says it is expected to benefit Indian agriculture, manufacturing, infrastructure and start-ups.

The other figures are distractors. Do not confuse the investment commitment with the trade target: under the Strategic Partnership "Roadmap to 2030", the two countries aim to double two-way trade in goods and services to NZ$7 billion, about ₹35,000 crore, by 2030. Bilateral merchandise trade was only about USD 1.1 billion in 2025-26, which shows how much room there is to grow. Investment commitments of this kind have become a feature of India's recent trade agreements with developed economies, alongside tariff cuts.

Read the full article: India–New Zealand FTA to Enter into Force on 20 October 2026

Q5.InternationalMedium

Which United Nations General Assembly resolution led to the setting up of the Kimberley Process Certification Scheme?

  1. A.Resolution 48/26 of 1993
  2. B.Resolution 55/56 of 2000
  3. C.Resolution 60/12 of 2005
  4. D.Resolution 70/1 of 2015
Show answer
Correct answer: B. Resolution 55/56 of 2000

The Kimberley Process Certification Scheme was established pursuant to that resolution of the United Nations General Assembly, and its purpose is to stop conflict diamonds from entering the legitimate trade in rough diamonds.