Which four countries form the European Free Trade Association (EFTA), India's partner in the Trade and Economic Partnership Agreement (TEPA)?
- A.Austria, Denmark, Finland and Sweden
- B.Iceland, Liechtenstein, Norway and Switzerland
- C.Belgium, Luxembourg, Netherlands and Ireland
- D.Norway, Sweden, Denmark and Switzerland
Correct answer
B. Iceland, Liechtenstein, Norway and Switzerland
Explanation
The correct answer is Iceland, Liechtenstein, Norway and Switzerland. These are the four member states of the European Free Trade Association, and leaders of all four were in New Delhi to mark the first year of the agreement with India. Option A is wrong because Austria, Denmark, Finland and Sweden are members of the European Union, not of EFTA, and so they trade with India under European Union arrangements rather than under this pact. Option C is wrong for the same reason: Belgium, Luxembourg, the Netherlands and Ireland are all European Union members and none of them belongs to the four-nation bloc that signed the partnership with India. Option D is a near miss designed to mislead, because it keeps Norway and Switzerland but replaces Iceland and Liechtenstein with Sweden and Denmark, which are European Union countries. Only option B names the exact set of four partners covered by the agreement.
Read the full article: India-EFTA TEPA Covers 99.6 Per Cent of India's Exports
Practice Questions
On which date did the India-EFTA Trade and Economic Partnership Agreement (TEPA) come into force?
- A.1 October 2024
- B.1 April 2025
- C.1 October 2025
- D.1 October 2026
Show answer
Correct answer: C. 1 October 2025
Explanation
The correct answer is 1 October 2025. That is the day the partnership agreement between India and the four EFTA states entered into force, which is why leaders from all the member countries gathered in the Indian capital in early October to mark its completion of one year and to discuss the road ahead. Option A is wrong because it places the start a full year too early, before the pact had taken effect. Option B is wrong because no April date is involved in the coming into force of this agreement. Option D is wrong because that is the period in which the outreach meeting for exporters and the second Prosperity Summit were being held, not the day the pact began; by then the agreement had already been operating for a year. Candidates should remember the entry into force date together with the investment clause, since both are asked frequently.
Under Article 7.1 of TEPA, how much foreign direct investment do the EFTA states aim to bring into India within ten years of the agreement entering into force?
- A.20 billion US dollars
- B.50 billion US dollars
- C.75 billion US dollars
- D.100 billion US dollars
Show answer
Correct answer: B. 50 billion US dollars
Explanation
The correct answer is 50 billion US dollars. The article in question asks the EFTA states to aim at increasing foreign direct investment from their investors into India by that amount within ten years of the pact starting, and then by a further fifty billion dollars during the five years that follow. The same provision also sets the aim of helping generate one million jobs in India within fifteen years. The Commerce Secretary described this written investment commitment as the feature that sets the pact apart from other trade agreements India has signed. Option A understates the first-decade goal. Option C is not a figure used anywhere in the investment clause. Option D matches neither the ten-year goal nor the combined total, which comes to a hundred billion dollars only after the additional five-year tranche is counted, so quoting it for ten years is wrong.
What is the name of the special rail service used to move buffer onion to consuming centres?
- A.Kisan Rail
- B.Kanda Express
- C.Anna Express
- D.Krishi Rath
Show answer
Correct answer: B. Kanda Express
Explanation
The correct answer is Kanda Express. Eight such rail movements, together with four hundred and sixty-seven trucks, were used to carry more than two lakh quintals of buffer onion to one hundred and twenty-three cities, and further rail rakes were being planned so that bigger quantities could reach markets with heavy consumption. Option A names a different scheme for moving perishables and was not cited here. Option C is not a service named in this context. Option D is likewise not the name used for these onion movements. For the examination, link the buffer release to the wider supply picture described: the new kharif crop arriving from the producing States, the stored stock still in the market and the government release together give three channels of supply, which is why the ministry expected availability to stay comfortable and prices to moderate further in the weeks ahead.
From which States had fresh kharif onion arrivals commenced?
- A.Punjab, Haryana and Uttar Pradesh
- B.Karnataka, Andhra Pradesh and Rajasthan
- C.Gujarat, Kerala and Assam
- D.Bihar, Jharkhand and Odisha
Show answer
Correct answer: B. Karnataka, Andhra Pradesh and Rajasthan
Explanation
The correct answer is Karnataka, Andhra Pradesh and Rajasthan. These were named as the major producing States from which fresh kharif onion had started reaching markets, while availability from stored stocks continued to meet demand in the meantime, and arrivals were expected to rise further in the following weeks. Option A is wrong because those northern States were not named as the source of the new kharif crop. Option C is wrong as well, since none of those three States was listed. Option D names consuming States where retail prices were easing rather than the producing States sending the new crop. Two supporting facts are worth remembering: the all-India kharif onion area was estimated at about five per cent above last year, which itself was a strong level, and the weather agency expected no excessive rainfall in the main kharif onion regions during harvesting, which helps harvesting, drying and movement and cuts the risk of moisture damage.
Through how many cities has the Government’s buffer onion been distributed, as stated in October 2026?
- A.97 cities
- B.123 cities
- C.145 cities
- D.210 cities
Show answer
Correct answer: B. 123 cities
Explanation
The correct answer is 123 cities. The Ministry of Consumer Affairs, Food and Public Distribution said more than two lakh quintals of buffer onion had been disposed of so far, moved by eight Kanda Express rail consignments and four hundred and sixty-seven trucks, and that additional rail rakes were being planned so larger quantities could reach high-consumption markets before the festive season. Options A, C and D give other counts of cities that do not match the figure announced. Study this together with the price picture. In Maharashtra the weighted average mandi price slipped by nearly thirteen per cent between the middle of September and the start of October, and on the retail side one hundred and twenty-six cities reported a fall of one to twenty-one rupees a kilogram over a fortnight, with moderation visible in large consuming States such as Tamil Nadu, Madhya Pradesh, Uttar Pradesh, Karnataka, Odisha, Andhra Pradesh, Bihar and West Bengal.