India-EFTA Trade Agreement Quiz
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Questions and Answers

What does the India-EFTA Deal signify for future trade agreements according to the text?

  • It will diminish the role of technological advancements in trade agreements
  • It sets a positive precedent for future trade agreements (correct)
  • It will lead to increased isolationism in international trade
  • It will discourage global economic integration
  • What is the main focus of the India-EFTA Trade and Economic Partnership Agreement (TEPA)?

  • Reducing tariffs on agricultural products between India and EFTA countries
  • Establishing a new currency for trade transactions between India and EFTA countries
  • Promoting economic growth, job opportunities, and stronger bilateral relations (correct)
  • Enhancing military cooperation between India and EFTA countries
  • What are the current member countries of the European Free Trade Association (EFTA)?

  • Italy, France, Spain, and Portugal
  • Iceland, Liechtenstein, Norway, and Switzerland (correct)
  • Japan, China, South Korea, and India
  • Brazil, Argentina, Mexico, and Colombia
  • Why is open communication emphasized for the success of the India-EFTA Deal according to the text?

    <p>To encourage collaborative efforts and shared vision for economic partnership</p> Signup and view all the answers

    Citizenship guarantees individuals the right to personal property without any restrictions.

    <p>False</p> Signup and view all the answers

    What challenges need to be addressed for the India-EFTA Agreement to move towards a more prosperous global economy?

    <p>Challenges that hinder integration and prosperity</p> Signup and view all the answers

    Access to education and healthcare services is a universal right for all citizens worldwide.

    <p>False</p> Signup and view all the answers

    In case of disputes, citizens have no legal recourse to seek justice through judicial processes.

    <p>False</p> Signup and view all the answers

    Paying taxes as a citizen solely supports private businesses and individual interests.

    <p>False</p> Signup and view all the answers

    Being an active citizen involves participating in civic life by volunteering for community projects.

    <p>True</p> Signup and view all the answers

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