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Consider the following statements regarding the India-UAE trade relations and the Amrit Bharat Station Scheme:
1. The Comprehensive Economic Partnership Agreement (CEPA) between India and the UAE was initiated to reduce customs duties and set value addition norms.
2. The Global Trade Research Initiative (GTRI) has raised concerns about the surge in imports of precious metals from the UAE, which are expected to be tariff-free in the coming years.
3. The Amrit Bharat Station Scheme aims to modernize railway stations by integrating them with other modes of transport and upgrading passenger amenities.
Which of the statements given above is/are correct?
  • a)
    1 Only
  • b)
    1 and 2 Only
  • c)
    1 and 3 Only
  • d)
    1, 2 and 3
Correct answer is option 'D'. Can you explain this answer?
Verified Answer
Consider the following statements regarding the India-UAE trade relat...
1. Statement 1 is correct: The Comprehensive Economic Partnership Agreement (CEPA) between India and the UAE includes provisions for the reduction of customs duties and the establishment of value addition norms. This aligns with the overall objectives of the CEPA to facilitate smoother and more beneficial trade relations between the two countries.
2. Statement 2 is correct: The Global Trade Research Initiative (GTRI) has indeed expressed concerns about the increase in imports of precious metals like gold, silver, platinum, and diamonds from the UAE. These imports are anticipated to be tariff-free in the coming years, which may lead to revenue losses and a shift in import dynamics favoring Dubai-based firms.
3. Statement 3 is correct: The Amrit Bharat Station Scheme's primary goal is to modernize railway stations across India. This includes improving passenger amenities, integrating various modes of transport, and enhancing the overall infrastructure and services at the stations to make them more efficient and user-friendly.
Thus, all three statements are accurate, making Option D the correct answer.
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Consider the following statements regarding the India-UAE trade relations and the Amrit Bharat Station Scheme:1. The Comprehensive Economic Partnership Agreement (CEPA) between India and the UAE was initiated to reduce customs duties and set value addition norms.2. The Global Trade Research Initiative (GTRI) has raised concerns about the surge in imports of precious metals from the UAE, which are expected to be tariff-free in the coming years.3. The Amrit Bharat Station Scheme aims to modernize railway stations by integrating them with other modes of transport and upgrading passenger amenities.Which of the statements given above is/are correct?a)1 Onlyb)1 and 2 Onlyc)1 and 3 Onlyd)1, 2 and 3Correct answer is option 'D'. Can you explain this answer?
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Consider the following statements regarding the India-UAE trade relations and the Amrit Bharat Station Scheme:1. The Comprehensive Economic Partnership Agreement (CEPA) between India and the UAE was initiated to reduce customs duties and set value addition norms.2. The Global Trade Research Initiative (GTRI) has raised concerns about the surge in imports of precious metals from the UAE, which are expected to be tariff-free in the coming years.3. The Amrit Bharat Station Scheme aims to modernize railway stations by integrating them with other modes of transport and upgrading passenger amenities.Which of the statements given above is/are correct?a)1 Onlyb)1 and 2 Onlyc)1 and 3 Onlyd)1, 2 and 3Correct answer is option 'D'. Can you explain this answer? for UPSC 2025 is part of UPSC preparation. The Question and answers have been prepared according to the UPSC exam syllabus. Information about Consider the following statements regarding the India-UAE trade relations and the Amrit Bharat Station Scheme:1. The Comprehensive Economic Partnership Agreement (CEPA) between India and the UAE was initiated to reduce customs duties and set value addition norms.2. The Global Trade Research Initiative (GTRI) has raised concerns about the surge in imports of precious metals from the UAE, which are expected to be tariff-free in the coming years.3. The Amrit Bharat Station Scheme aims to modernize railway stations by integrating them with other modes of transport and upgrading passenger amenities.Which of the statements given above is/are correct?a)1 Onlyb)1 and 2 Onlyc)1 and 3 Onlyd)1, 2 and 3Correct answer is option 'D'. Can you explain this answer? covers all topics & solutions for UPSC 2025 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Consider the following statements regarding the India-UAE trade relations and the Amrit Bharat Station Scheme:1. The Comprehensive Economic Partnership Agreement (CEPA) between India and the UAE was initiated to reduce customs duties and set value addition norms.2. The Global Trade Research Initiative (GTRI) has raised concerns about the surge in imports of precious metals from the UAE, which are expected to be tariff-free in the coming years.3. The Amrit Bharat Station Scheme aims to modernize railway stations by integrating them with other modes of transport and upgrading passenger amenities.Which of the statements given above is/are correct?a)1 Onlyb)1 and 2 Onlyc)1 and 3 Onlyd)1, 2 and 3Correct answer is option 'D'. Can you explain this answer?.
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