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Quick scan: India-New Zealand FTA enters into force
ஏன் செய்தியில்?
India-New Zealand FTA is now in force: the trade-pact basics GS2 and GS3 answers must cover
India-New Zealand FTA is now in force.
Why it matters: factual, Prelims-type
What you need to know
2 நிமிடம்
The India-New Zealand Free Trade Agreement has entered into force.
It is meant to boost bilateral trade, investment, services and people-to-people ties.
ஆதாரங்கள்: Topper IAS editorial (PIB / The Hindu / Indian Express)
முக்கிய உண்மைகள்
Remember these
- The India-New Zealand Free Trade Agreement has entered into force.
- It aims to boost bilateral trade, investment, services and people-to-people ties.
- The two capitals involved are New Delhi and Wellington.
- An FTA reduces or removes tariffs and other barriers on trade between the partner countries.
- Syllabus link: GS2 bilateral groupings; GS3 external trade.
ப்ரிலிம்ஸ் · மெயின்ஸ்
How the exam will ask it
ப்ரிலிம்ஸ்
- A Free Trade Agreement lowers customs duties between signatory countries while each keeps its own tariffs on non-members.
- Modern FTAs commonly cover services and investment along with trade in goods.
- An FTA enters into force only after the agreed domestic procedures of both parties are completed.
மெயின்ஸ்
GS2 (bilateral relations) and GS3 (external trade). Issue: India is widening its network of trade pacts with developed economies. Provision: the FTA covers trade, investment, services and people-to-people ties. Implication: wider market access and stronger ties with New Zealand. Way forward: ensure domestic exporters and sensitive sectors are prepared, and monitor utilisation of the concessions.
Quick recall
Answer before you reveal
Chola-era bronze idols such as Nataraja, like those unearthed in Nagapattinam, were traditionally cast by which technique?
- Sand casting
- Die casting
- Lost-wax (cire perdue) casting
- Repoussé hammering
விடையைக் காட்டு
விடை: C — Correct: Lost-wax (cire perdue) casting — Chola bronzes were made by lost-wax (cire perdue) casting, using a wax model coated in clay. • Sand casting — wrong: Sand casting is an industrial method, not the traditional Chola technique. • Die casting — wrong: Die casting is a modern industrial process. • Repoussé hammering — wrong: Repoussé is a metal-hammering technique and does not produce cast icons.
Convert this topic into marks
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