WBCS.LIVE practice question

With which country has India recently signed the Economic Cooperation and Trade Agreement (ECTA)?

Solve this multiple-choice question and check the correct answer with its explanation below.

Answer options

  1. England
  2. USA
  3. Australia
  4. France

Correct answer and explanation

Correct answer: Australia

Explanation: āœ… Correct Answer: C) Australia šŸ“š Explanation: India and Australia signed the Economic Cooperation and Trade Agreement (ECTA) in April 2022 to boost bilateral trade. This deal removes or reduces taxes on many goods traded between the two countries. It was India's first major trade agreement with a developed nation in over ten years. The pact is expected to create new jobs and increase exports in many sectors.