Current Affairs · International Trade Agreements
Examine the statements below regarding India-Chile trade relations and select the most appropriate option: Assertion (A): The signing of the Terms of Reference for a Comprehensive Economic Partnership Agreement (CEPA) between India and Chile in May 2025 signified a strategic move beyond their existing Preferential Trade Agreement (PTA). Reason (R): The Joint Study Group report submitted in April 2024 recommended a broader CEPA to enhance bilateral cooperation in fields like digital services, critical minerals, and MSMEs.
Verified Solution4 OptionsUpdated: October 2026👁️1 View
Share:
- 1A is true, but R is false
- 2A is false, but R is true
- 3Both A and R are true, but R is not the correct explanation of A
- 4Both A and R are true, and R is the correct explanation of A✓
Correct answer
Both A and R are true, and R is the correct explanation of A
Download Single Question PDF
Save this question and verified answer as a clean study sheet with live clickable link.
👥
Share with Friends & Study Groups
Challenge your peer aspirants on WhatsApp or Telegram to solve this question!
Online Test Series
Start Free Mock Test →Preparing for Current Affairs?
Practice full-length mock tests with real exam timers, instant score analysis, and all-India ranking.
Chapter Practice
Practice International Trade Agreements MCQs →Want more practice questions on International Trade Agreements?
Solve complete topic-wise tests with detailed solutions on GkGet.
Related Practice Questions
Recommended practice questions in Current Affairs · International Trade Agreements