Which of the following is NOT a member of the European Free Trade Association (EFTA)?
- A.Switzerland
- B.Norway
- C.Liechtenstein
- D.Sweden
Correct answer
Explanation
The correct answer is Sweden, which is not a member of the European Free Trade Association. EFTA is made up of Switzerland, Norway, Iceland and Liechtenstein, so options A, B and C are all members. Liechtenstein is the smallest of the four, and it is its Hereditary Prince Alois who was on a State Visit to India when Commerce and Industry Minister Shri Piyush Goyal called on him to discuss investment under the India-EFTA Trade and Economic Partnership Agreement. The agreement entered into force on 1 October 2025, and its first anniversary was marked by the India-EFTA Prosperity Summit in New Delhi, attended by Liechtenstein's Minister of Home Affairs, Economy and Sport along with businesses from that country. Questions on this agreement very often test the membership of the grouping, so the four names are worth memorising together.
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
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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 →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
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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.
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
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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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