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US Secretary of State Rubio in India as trade deal talks near finish
સમાચારમાં કેમ?
Trade deal 'weeks away', only wording left: the India-US ties points GS-II bilateral questions expect
Rubio says the India-US trade deal is weeks away from being finalised.
Why it matters: factual, Prelims-type
What you need to know
2 મિનિટ
US Secretary of State Marco Rubio is visiting India, and said a bilateral trade deal is weeks from being finalised, with the remaining differences down to wording.
He also called the two countries closely aligned on core issues and urged India to buy more American and Venezuelan oil.
His itinerary includes Reliance's Jamnagar refinery in Gujarat.
સ્રોત: Topper IAS editorial (PIB / The Hindu / Indian Express)
મુખ્ય તથ્યો
Remember these
- US Secretary of State Marco Rubio is visiting India; he said the bilateral trade deal is weeks from being finalised.
- Remaining differences are said to be down to wording of the agreement.
- Rubio urged India to buy more American and Venezuelan oil, linking trade to energy security.
- His itinerary includes Reliance's Jamnagar refinery in Gujarat, one of the world's largest refining complexes.
- The US is among India's largest trading partners; a bilateral trade agreement (BTA) is being negotiated.
પ્રિલિમ્સ · મેઇન્સ
How the exam will ask it
પ્રિલિમ્સ
- Jamnagar in Gujarat hosts a large private-sector oil refining complex operated by Reliance Industries.
- A bilateral trade agreement covers tariffs and market access between two countries only, unlike a multilateral WTO agreement.
- The US Secretary of State heads the Department of State and is the principal foreign-policy adviser to the US President.
મેઇન્સ
GS-II: India-US relations. Issue: a long-pending trade deal now nearing closure alongside US pressure on India's energy sourcing. Provision/policy: tariff and market-access bargaining, strategic autonomy in oil imports, diversification of crude suppliers. Implication: gains in exports and investment must be weighed against sanctions exposure and domestic farm and dairy sensitivities; way forward is a balanced deal that protects strategic autonomy while deepening technology, defence and energy cooperation.
Quick recall
Answer before you reveal
The Central Consumer Protection Authority (CCPA), which has acted against online platforms over the sale of regulated explosives, was established under the:
- Consumer Protection Act, 2019
- Consumer Protection Act, 1986
- Competition Act, 2002
- Legal Metrology Act, 2009
જવાબ જુઓ
જવાબ: A — The correct answer is Consumer Protection Act, 2019. The Act created the CCPA to promote and enforce consumer rights and act against unfair trade practices and misleading advertisements.
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