Daily Quiz-114
India-UK Free Trade Agreement
Advertisement
1. Under the India-UK FTA, which of the following industrial goods will not be immediately eligible for zero-duty access to the UK market?
A. Leather and footwear
B. Textiles and garments
C. Plastic products
D. Sports goods
2. The India-UK FTA aims to double the bilateral trade in goods and services to $120 billion by:
A. 2027
B. 2030
C. 2025
D. 2032
3. Which of the following is NOT true about the treatment of whisky imports under the India-UK FTA?
A. Tariff will be reduced to 75% initially.
B. Duty reduction will be immediate and total.
C. It will drop to 40% over a 10-year period.
D. Current duty stands at 150%.
4. India has excluded the following agriculture product(s) from duty concessions in the FTA:
A. Pulses and rice
B. Dairy products and apples
C. Tea and coffee
D. Spices and oilseeds
5. Which of the following statements is true regarding the UK’s commitments for Indian service providers?
A. UK has agreed to unlimited entry for all Indian professionals.
B. The agreement covers only business visitors and IT professionals.
C. UK has committed to 36 sub-sectors under Contractual Service Suppliers.
D. Only dependent spouses are allowed to work in the UK.
Answers Quiz 113 (May 30)
1. C) Lower operational cost
Explanation: Iron Beam uses directed-energy lasers, which are much cheaper than kinetic interceptors like those in Iron Dome.
2. D) Iron Dome
Explanation: Iron Dome is best suited for intercepting low-altitude, short-range rockets, drones, and cruise missiles.
3. C) Raytheon
Explanation: Raytheon co-develops components of Iron Dome, notably radar and missile parts.
4. B) THAAD
Explanation: THAAD is specifically designed to neutralize missiles during the terminal phase of flight.
5. B) Different systems for different altitudes/ranges
Explanation: A layered defence uses various systems (like Iron Dome, David’s Sling, Arrow) to intercept threats at different stages and ranges.
Advertisement
Advertisement