Skip to content
GK24
InternationalMedium

Which of the following has been kept out of tariff concessions under the India–New Zealand FTA to protect Indian farmers?

  1. A.Dairy products
  2. B.Wooden logs
  3. C.Coking coal
  4. D.Metal scrap

Correct answer

A. Dairy products

Explanation

The correct answer is Dairy products. To safeguard farmers, India has excluded sensitive products from tariff concessions: dairy, animal meat except sheep meat, key agricultural commodities, sugar and edible oils. This matters because New Zealand is one of the world's largest dairy exporters, and dairy has long been India's most sensitive issue in trade talks.

The other three options are the opposite case. Wooden logs, coking coal and metal scrap are inputs that Indian manufacturers will now be able to import from New Zealand free of duty, which lowers their costs and helps them compete in global markets. For New Zealand's apples, kiwifruit and Manuka honey, the agreement offers only limited access through tariff rate quotas with a minimum import price and seasonal windows, backed by an Agriculture Productivity Partnership to help Indian growers.

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.