CLAT GurukulSamudraManthan

Topic 116 · Answers

India-New Zealand FTA enters into force

All 10 answers, each with its Book 1 RATNA fact. Try the questions first

  1. Question 1Answer C

    The India-New Zealand FTA came into force on which date?

    • 27 April 2026
    • 1 January 2027
    • Correct answer: 20 October 2026
    • 20 November 2026

    Core Trigger: The India-New Zealand Free Trade Agreement came into force on 20 October 2026, after signing on 27 April 2026 in New Delhi.From Book 1 RATNA, topic 116, point 1

  2. Question 2Answer C

    What does the FTA give all Indian exports in New Zealand?

    • Quota-limited access
    • A 50 per cent tariff cut
    • Correct answer: Duty-free access
    • Access only for textiles

    Headline: All Indian exports get duty-free access to New Zealand.From Book 1 RATNA, topic 116, point 2

  3. Question 3Answer A

    Which New Zealand minister signed the FTA with Piyush Goyal?

    • Correct answer: Todd McClay
    • Winston Peters
    • Nicola Willis
    • Christopher Luxon

    Current Head: Piyush Goyal, Union Commerce and Industry Minister, and Todd McClay, New Zealand's Trade and Investment Minister, signed it.From Book 1 RATNA, topic 116, point 3

  4. Question 4Answer C

    Which new visa category does the FTA create for skilled Indian professionals?

    • Working Holiday visa
    • Skilled Migrant visa
    • Correct answer: Temporary Employment Entry visa
    • Parent Boost visa

    Key Visa: A new Temporary Employment Entry visa category is created for skilled Indian professionals.From Book 1 RATNA, topic 116, point 4

  5. Question 5Answer C

    New Zealand will facilitate about US$20 billion of investment into India over how many years?

    • 5 years
    • 10 years
    • Correct answer: 15 years
    • 25 years

    Data: New Zealand will facilitate about US$20 billion of investment into India over 15 years.From Book 1 RATNA, topic 116, point 5

  6. Question 6Answer A

    India offers access on about what share of tariff lines?

    • Correct answer: 70 per cent
    • 50 per cent
    • 85 per cent
    • 100 per cent

    Stakeholders: India offers access on about 70 per cent of tariff lines; a second tariff cut follows on 1 January 2027.From Book 1 RATNA, topic 116, point 6

  7. Question 7Answer B

    In which city was the India-New Zealand FTA signed?

    • Wellington
    • Correct answer: New Delhi
    • Auckland
    • Geneva

    Venue: Signing took place in New Delhi, India's capital; New Zealand's capital is Wellington.From Book 1 RATNA, topic 116, point 8

  8. Question 8Answer B

    On which date was the World Trade Organization established?

    • 1 January 1948
    • Correct answer: 1 January 1995
    • 1 January 1994
    • 15 April 1994

    Founded: The World Trade Organization, which polices trade pacts, was established on 1 January 1995 and sits in Geneva.From Book 1 RATNA, topic 116, point 9

  9. Question 9Answer A

    Consider the statements. 1. GATT Article XXIV allows free trade areas covering substantially all trade between the parties. 2. It allows free trade areas covering only a few sectors. Which is/are correct?

    • Correct answer: Only 1
    • Only 2
    • Both 1 and 2
    • Neither

    Legal Basis: GATT Article XXIV allows free trade areas if they cover substantially all trade between the parties.From Book 1 RATNA, topic 116, point 10

  10. Question 10Answer D

    Consider the statements. 1. Article 253 lets State Legislatures alone implement treaties. 2. Article 73 limits executive power to matters outside Parliament's legislative reach. Which is/are correct?

    • Only 1
    • Only 2
    • Both 1 and 2
    • Correct answer: Neither

    Articles: Article 253 lets Parliament legislate to implement treaties; Article 73 extends executive power to matters Parliament can legislate on.From Book 1 RATNA, topic 116, point 11

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