Current Affairs & MCQs
Latest Questions, Daily Updates & More

MCQs - 2026-04

3381.
The negotiations for this framework took place over how many years?
A A few months
B One year
C Several years
D Decades
3382.
The agreement aims to create clear rules for:
A International space law
B Digital transactions
C Global financial markets
D Maritime shipping regulations
3383.
The agreement promotes 'paperless trading'. What does this imply?
A Increased use of physical documents
B Reduced reliance on paper-based documentation in trade processes
C A complete ban on all physical trade
D Focus on digital currencies only
3384.
When is the formal ratification process for the agreement expected to begin?
A Early 2026
B Mid-2026
C Latter half of 2026
D Early 2027
3385.
What is the expected impact of the agreement on global trade?
A It is expected to decrease global trade
B It is expected to boost global trade, foster innovation, and create new opportunities
C It is expected to have no significant impact on global trade
D It is expected to favor protectionist policies
3386.
What sensitive issues will be subject to further discussions?
A Customs duties on physical goods
B Data governance and the dispute settlement mechanism for e-commerce
C Environmental regulations for manufacturing
D Labor standards in traditional industries
3387.
Which of the following issues is addressed by the agreement?
A Space exploration regulations
B Data flows, digital privacy, and prevention of unjustified data localization
C International currency exchange rates
D Global energy policy
3388.
Besides reducing barriers, what else does the agreement aim to enhance?
A Physical trade infrastructure
B Consumer protection in online transactions
C Traditional manufacturing industries
D Agricultural subsidies
3389.
What commitment is included regarding customs duties on electronic transmissions?
A To impose moderate duties
B To refrain from imposing customs duties
C To increase duties gradually
D To allow countries to set their own duties
3390.
What is a primary objective of the new e-commerce agreement?
A To increase customs duties on digital goods
B To streamline cross-border digital trade and reduce barriers for SMEs
C To restrict data flows between countries
D To promote protectionist digital policies