Which of the following is/are the objectives of Free Trade Agreement that India has done with many countries?begin{enumerate}item To provide support to entrepreneurs for setting up new projects in tiny/SSI sectorsitem For undertaking expansion of businessitem To support technology upgradationend{enumerate}

BANKING GENERAL KNOWLEDGE

Please wait while the activity loads.
If this activity does not load, try refreshing your browser. Also, this page requires javascript. Please visit using a browser with javascript enabled.

If loading fails, click here to try again

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]

Which of the following is/are the objectives of Free Trade Agreement that India has done with many countries?

A	Only 1 and 2
B	Only 2 and 3
C	All the above
D	Only 1 and 3

Explanation:

Detailed explanation-1: -India actively engages in regional and bilateral trade negotiations to diversify and expand its export markets while ensuring access to the raw materials, intermediates, and capital goods needed to stimulate domestic manufacturing.

Detailed explanation-2: -India is party to free trade agreements (FTAs) and other trade agreements with many countries and trade blocs, and is negotiating with many others. As of 2022, India has preferential access, economic cooperation and FTA with more than 50 individual countries.

Detailed explanation-3: -the World Trade Organization (WTO) General Agreement on Trade in Services (GATS) the North American Free Trade Agreement (NAFTA) the Canada-European Union Comprehensive Economic and Trade Agreement (CETA)

There is 1 question to complete.