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Quick scan: India-New Zealand FTA enters into force
వార్తల్లో ఎందుకు?
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 నిమి
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.
మూలాలు: Topper IAS editorial (PIB / The Hindu / Indian Express)
ముఖ్య వాస్తవాలు
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.
ప్రిలిమ్స్ · మెయిన్స్
How the exam will ask it
ప్రిలిమ్స్
- 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.
మెయిన్స్
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
సమాధానం చూడండి
సమాధానం: 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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