Practice

Unlimited, untimed. Explanations right after.

Consider the following statements regarding India's Free Trade Agreements (FTAs) and preferential trade partnerships:

Statements

  1. India's FTA with the United Arab Emirates and the India-Australia Economic Cooperation and Trade Agreement (ECTA) both entered into force in 2022.
  2. The European Free Trade Association (EFTA) is the same grouping as the European Union, and India's FTA with EFTA therefore grants preferential access to the EU single market.
  3. India has concluded negotiations on a trade agreement with the European Union, while also pursuing a partnership with the Gulf Cooperation Council (GCC).

Which of the statements given above is/are correct?

Options