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Question

Which of the following groups of countries did India sign the South Asian Preferential Trade Agreement with?

A
IMF
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B
BRICS
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C
ASEAN
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D
SAARC
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Solution

The correct option is D SAARC
During the post-liberalisation period, India signed trade deals with many countries. One such trade agreement was the South Asian Preferential Trade Agreement. Under this, India removed restrictions on imports of several commodities from the SAARC countries.

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