Trade Relations — Prelims Questions

Consider the following statements about India-China trade relations: 1. China has been India's largest trading partner since 2008 2. The Border Trade Agreement was signed in 2003 to reopen Nathu La pass 3. India has a trade surplus with China in the services sector 4. Press Note 3 of 2020 requires government approval for all Chinese investments Which of the statements given above are correct?

Which of the following measures were implemented by India post-2020 Galwan crisis to regulate economic relations with China? 1. Banning of Chinese mobile applications 2. Quality Control Orders affecting Chinese imports 3. Exclusion from government procurement processes 4. Complete ban on all Chinese investments Select the correct answer using the code given below:

The 'China Plus One' strategy adopted by various countries including India primarily aims to:

Consider the following about the Nathu La pass trade between India and China: 1. It operates on a barter system without currency exchange 2. It was reopened in 2006 after the Border Trade Agreement of 2003 3. It accounts for more than 10% of bilateral trade between the countries 4. Trade is limited to a specific list of commodities agreed by both sides Which of the statements given above are correct?

Which of the following best explains why India's trade deficit with China has persisted despite various policy measures?