International Trade & WTO PYQs
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Prelims 2026 – 2002 · page 1 of 2Tap an option to check it. For one question at a time, use Start practice above.
Which of the following is/are the most significant implication(s) of obtaining Oeko-Tex certification for Eri Silk in the global textile industry ?
1.It allows Indian exporters to compete in high-end markets that prioritise chemical-free products.2.It confirms that Eri Silk meets international safety, environmental, and quality standards, enabling its entry into premium eco-conscious markets.Select the answer using the code given below :
Consider the following statements :
Statement-I :
India does not import apples from the United States of America.
Statement-II :
In India, the law prohibits the import of Genetically Modified food without the approval of the competent authority.
Which one of the following is correct in respect of the above statements ?
Consider the following statements :
Statement–I :
Switzerland is one of the leading exporters of gold in terms of value.
Statement–II :
Switzerland has the second largest gold reserves in the world.
Which one of the following is correct in respect of the above statements?
Consider the following statements :
Statement–I :
India accounts for 3·2% of global export of goods.
Statement–II :
Many local companies and some foreign companies operating in India have taken advantage of India's 'Production-linked Incentive' scheme.
Which one of the following is correct in respect of the above statements?
With reference to Trade-Related Investment Measures (TRIMS), which of the following statements is/are correct ?
1.Quantitative restrictions on imports by foreign investors are prohibited.2.They apply to investment measures related to trade in both goods and services.3.They are not concerned with the regulation of foreign investment.Select the correct answer using the code given below :
Consider the following statements :
1.The value of Indo-Sri Lanka trade has consistently increased in the last decade.2.“Textile and textile articles” constitute an important item of trade between India and Bangladesh.3.In the last five years, Nepal has been the largest trading partner of India in South Asia.Which of the statements given above is/are correct ?
Consider the following statements :
1.According to the Indian Patents Act, a biological process to create a seed can be patented in India.2.In India, there is no Intellectual Property Appellate Board.3.Plant varieties are not eligible to be patented in India.Which of the statements given above is/are correct?
India enacted The Geographical Indications of Goods (Registration and Protection) Act, 1999 in order to comply with the obligations to
With reference to the 'National Intellectual Property Rights Policy', consider the following statements :
1.It reiterates India's commitment to the Doha Development Agenda and the TRIPS Agreement.2.Department of Industrial Policy and Promotion is the nodal agency for regulating intellectual property rights in India.Which of the above statements is/are correct ?
'Broad-based Trade and Investment Agreement (BTIA)' is sometimes seen in the news in the context of negotiations held between India and
Consider the following statements :
1.India has ratified the Trade Facilitation Agreement (TFA) of WTO.2.TFA is a part of WTO's Bali Ministerial Package of 2013.3.TFA came into force in January 2016.Which of the statements given above is/are correct ?
In the context of which of the following do you sometimes find the terms 'amber box, blue box and green box' in the news?
The term 'Regional Comprehensive Economic Partnership' often appears in the news in the context of the affairs of a group of countries known as
The terms ‘Agreement on Agriculture’, ‘Agreement on the Application of Sanitary and Phytosanitary Measures’ and ‘Peace Clause’ appear in the news frequently in the context of the affairs of the
In terms of economy, the visit by foreign nationals to witness the XIX Commonwealth Games in India amounted to
“A closed economy” is an economy in which
In the context of the affairs of which of the following is the phrase “Special Safeguard Mechanisms” mentioned in the news frequently ?
In order to comply with TRIPS Agreement, India enacted the Geographical Indications of Goods (Registration & Protection) Act, 1999. The difference/differences between a “Trade Mark” and a Geographical Indication is/are
1.A Trade Mark is an individual or a company’s right whereas a Geographical Indication is a community’s right.2.A Trade Mark can be licensed whereas a Geographical Indication cannot be licensed.3.A Trade Mark is assigned to the manufactured goods whereas the Geographical Indication is assigned to the agricultural goods/products and handicrafts only.Which of the statements given above is/are correct ?
The SEZ Act, 2005 which came into effect in February 2006 has certain objectives. In this context, consider the following :
1.Development of infrastructure facilities.2.Promotion of investment from foreign sources.3.Promotion of exports of services only.Which of the above are the objectives of this Act ?
As regards the use of international food safety standards as reference point for the dispute settlements, which one of the following does WTO collaborate with?
Consider the following statements :
1.The first telegraph line in India was laid between Kolkata (formerly Calcutta) and Diamond Harbour.2.The first Export Processing Zone in India was set up in Kandla.Which of the statements given above is/are correct ?
NAMA-11 (Nama-11) group of countries frequently appears in the news in the context of the affairs of which one of the following?
Consider the following statements:
1.In India, during the financial year 2004-2005 an increase of below 10 % over the value of exports (in rupee terms) in the financial year 2003-2004 was reported.2.According to the WTO, India’s share in the world merchandise exports is 2 % in the year 2005.Which of the statements given above is/are correct?
Consider the following statements:
1.The agreement on South Asian Free Trade Area (SAFTA) came into effect from 1st December 2005.2.As per SAFTA agreement terms, India, Pakistan and Sri Lanka have to decrease their custom duties to the level of 0 % to 5 % by the year 2013.Which of the statements given above is/are correct?
Assertion (A): For the first time, India had no trade deficit in the year 2002-03.
Reason (R): For the first time, India's exports crossed worth $50 billion in the year 2002-03.
Consider the following statements
1.India’s import of crude and petroleum product during the year 2001-02 accounted for about 27% of India’s total imports.2.During the year 2001-02, India’s exports had increased by 10% as compared to the previous yearWhich of these statements is/are correct?
Assertion (A): During the year 2001-02, the value of India’s total exports declined, registering a negative growth of 2.17%.
Reason (R): During the year 2001-02, negative growth in exports was witnessed in respect of iron and steel, coffee, textiles and marine products.
Assertion (A): The new EXIM Policy is liberal, market-oriented and favours global trade.
Reason (R): GATT has played a significant role in the liberalisation of economy.
Among the following commodities imported by India during the year 2001-02, which one was the highest in terms of Rupee value?
Consider the following statements:
1.The World Intellectual Property Organisation (WIPO) is a specialised agency of United Nations System of Organisations2.WIPO has its headquarters at Rome3.The Trade Related Aspects of Intellectual Property Rights (TRIPS) Agreement is binding on all WTO members4.Least-developed country members of WTO are not required to apply the provisions of TRIPS Agreements for a period of 20 years from the general date of application of the AgreementWhich of these statements are correct?