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Current Affairs

GK MCQs Section

Page-4 of Topic: Trade

India, Rwanda sign eight agreements in various fields

India and Rwanda have signed eight agreements in the fields of defence, trade, agriculture, leather and allied products and dairy. The agreements were signed following delegation-level talks between...

July 25, 2018

Government sets up task force on ways to reduce import

The Union Government constituted a high-level task force under Chairmanship of Cabinet Secretary PK Sinha to identify various items and policy interventions to reduce dependence on imports. It...

July 13, 2018

Gujarat signs MoU with Korea Trade-Investment Promotion Agency to strengthen trade, industrial relations

Gujarat Government’s Industries and Mines Department has signed Memorandum of Understanding (MoU) with Korea Trade-Investment Promotion Agency (KOTRA) to strengthen trade, industrial relations. KOTRA is national trade and...

July 11, 2018

China, India clinch deal to reduce tariffs on Indian medicines, anti-cancer drugs

China has announced that it has clinched deal with India on reduction of tariffs (import duties) on Indian medicines including anti-cancer drugs. However, it is not yet clear...

July 10, 2018

Government hikes import duty on non-palm oils by 5-10%

The Central Board of Indirect Taxes and Customs (CBITC) under Finance Ministry has raised import duty by 5-10% on non-palm edible oils, both crude and refined ones, in...

June 15, 2018

Commerce Ministry establishes Directorate General of Trade Remedies  

Union Ministry of Commerce and Industry issued notification for creation of Directorate General of Trade Remedies (DGTR) in Department of Commerce. In this regard amendments were made in...

May 18, 2018

Generalized System of Preferences: US announces eligibility review of India

The United States Trade Representative (USTR) has formally announced that it is reviewing eligibility of India, Indonesia and Kazakhstan in Generalized System of Preferences (GSP) based on concerns...

April 14, 2018

India-Iran: Cabinet approves MoU to establish expert group on trade remedy measures

The Union Cabinet has given its ex post facto approval to Memorandum of Understanding (MoU) between India and Iran on establishment of an expert group on trade remedy...

April 4, 2018

India and China agree roadmap for addressing Trade Imbalance

The eleventh session of the China-India joint-group on Economic Relations, Trade, Science & Technology was held in New Delhi. The session was co-chaired by Union Minister of Commerce...

March 28, 2018

Government imposes anti-dumping duty on Ofloxacin import from China

The Revenue Department in the Finance Ministry has imposed anti-dumping duty on import of ‘Ofloxacin’, a pharma product used in treatment of certain infections from China. It was...

March 19, 2018

India-China trade hits record $84.4 billion in 2017

According to data of Chinese General Administration of Customs, India-China bilateral trade has reached $84.44 billion last year, a historic high with 18.63% year-on-year growth rate. This is...

March 8, 2018

Government appoints IIFT, ICAI, NICMAR to improve World Bank's 'Doing Business' ranking

The Union Commerce and Industry ministry has appointed four institutes to interact with stakeholders and suggest measures to push India’s ranking in World Bank’s Ease of Doing Business...

February 28, 2018

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