MEA-SWAYAM Practice Quiz

Question 1

Which bilateral initiative between India and the United Arab Emirates is specifically designed to settle cross-border trade in local currencies rather than in a third-country currency like the US dollar?

Accepted Answer

Local Currency Settlement framework

Question 2

The India-Middle East-Europe Economic Corridor (IMEC), announced on the sidelines of the G20 Summit in New Delhi, prominently links India with which Gulf bilateral partner as a key first leg?

Accepted Answer

United Arab Emirates

Question 3

In India’s bilateral diplomacy with Sri Lanka after its economic crisis, which form of support was most significant in stabilizing the island nation in the immediate phase?

Accepted Answer

Immediate lines of credit, fuel support, food and medicine assistance, and currency-related relief measures

Question 4

What was the principal bilateral diplomatic objective behind India’s outreach to Egypt in 2023, including President Abdel Fattah el-Sisi’s role as Chief Guest at the Republic Day celebrations?

Accepted Answer

To deepen cooperation in strategic, defence, trade, and political domains with a key West Asian and African partner

Question 5

Which statement best captures the strategic significance of the India-US initiative on Critical and Emerging Technology (iCET)?

Accepted Answer

It is a framework to deepen cooperation in areas such as semiconductors, AI, telecom, defence innovation, and advanced technology ecosystems.

MEA-SWAYAM

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