{"id":91508,"date":"2025-06-01T10:59:02","date_gmt":"2025-06-01T10:59:02","guid":{"rendered":"https:\/\/exam.pscnotes.com\/mcq\/?p=91508"},"modified":"2025-06-01T10:59:02","modified_gmt":"2025-06-01T10:59:02","slug":"consider-the-following-statements-1-india-has-ratified-the-trade-f","status":"publish","type":"post","link":"https:\/\/exam.pscnotes.com\/mcq\/consider-the-following-statements-1-india-has-ratified-the-trade-f\/","title":{"rendered":"Consider the following statements:\n  1. India has ratified the Trade F"},"content":{"rendered":"<p>Consider the following statements:<\/p>\n<ul>\n<li>1. India has ratified the Trade Facilitation Agreement (TFA) of WTO.<\/li>\n<li>2. TFA is a part of WTO&#8217;s Bali Ministerial Package of 2013.<\/li>\n<li>3. TFA came into force in January 2016.<\/li>\n<\/ul>\n<p>Which of the statements given above is\/are correct?<\/p>\n<p>[amp_mcq option1=&#8221;1 and 2 only&#8221; option2=&#8221;1 and 3 only&#8221; option3=&#8221;2 and 3 only&#8221; option4=&#8221;1, 2 and 3&#8243; correct=&#8221;option1&#8243;]<\/p>\n<div class=\"psc-box-pyq-exam-year-detail\">\n<div class=\"pyq-exam\">\n<div class=\"psc-heading\">This question was previously asked in<\/div>\n<div class=\"psc-title line-ellipsis\">UPSC IAS &#8211; 2017<\/div>\n<\/div>\n<div class=\"pyq-exam-psc-buttons\"><a href=\"\/pyq\/pyq-upsc-ias-2017.pdf\" target=\"_blank\" class=\"psc-pdf-button\" rel=\"noopener\">Download PDF<\/a><a href=\"\/pyq-upsc-ias-2017\" target=\"_blank\" class=\"psc-attempt-button\" rel=\"noopener\">Attempt Online<\/a><\/div>\n<\/div>\n<section id=\"pyq-correct-answer\">Statements 1 and 2 are correct. India ratified the Trade Facilitation Agreement (TFA) of the WTO, and the TFA was indeed part of the WTO&#8217;s Bali Ministerial Package of 2013.<\/section>\n<section id=\"pyq-key-points\">The WTO Trade Facilitation Agreement (TFA) aims to streamline and simplify customs procedures for the movement, release, and clearance of goods across borders.<\/section>\n<section id=\"pyq-additional-information\">Statement 3 is incorrect. The TFA entered into force on 22 February 2017, after two-thirds of WTO members formally accepted the agreement, not in January 2016.<\/section>\n","protected":false},"excerpt":{"rendered":"<p>Consider the following statements: 1. India has ratified the Trade Facilitation Agreement (TFA) of WTO. 2. TFA is a part of WTO&#8217;s Bali Ministerial Package of 2013. 3. TFA came into force in January 2016. Which of the statements given above is\/are correct? [amp_mcq option1=&#8221;1 and 2 only&#8221; option2=&#8221;1 and 3 only&#8221; option3=&#8221;2 and 3 &#8230; <\/p>\n<p class=\"read-more-container\"><a title=\"Consider the following statements:\n  1. India has ratified the Trade F\" class=\"read-more button\" href=\"https:\/\/exam.pscnotes.com\/mcq\/consider-the-following-statements-1-india-has-ratified-the-trade-f\/#more-91508\">Detailed Solution<span class=\"screen-reader-text\">Consider the following statements:<br \/>\n  1. India has ratified the Trade F<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1092],"tags":[1101,1226],"class_list":["post-91508","post","type-post","status-publish","format-standard","hentry","category-upsc-ias","tag-1101","tag-external-sector-of-economy","no-featured-image-padding"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v22.2 (Yoast SEO v23.3) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Consider the following statements:  1. India has ratified the Trade F<\/title>\n<meta name=\"description\" content=\"Statements 1 and 2 are correct. India ratified the Trade Facilitation Agreement (TFA) of the WTO, and the TFA was indeed part of the WTO&#039;s Bali Ministerial Package of 2013. 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India has ratified the Trade F","description":"Statements 1 and 2 are correct. India ratified the Trade Facilitation Agreement (TFA) of the WTO, and the TFA was indeed part of the WTO's Bali Ministerial Package of 2013. The WTO Trade Facilitation Agreement (TFA) aims to streamline and simplify customs procedures for the movement, release, and clearance of goods across borders.","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/exam.pscnotes.com\/mcq\/consider-the-following-statements-1-india-has-ratified-the-trade-f\/","og_locale":"en_US","og_type":"article","og_title":"Consider the following statements:  1. India has ratified the Trade F","og_description":"Statements 1 and 2 are correct. India ratified the Trade Facilitation Agreement (TFA) of the WTO, and the TFA was indeed part of the WTO's Bali Ministerial Package of 2013. The WTO Trade Facilitation Agreement (TFA) aims to streamline and simplify customs procedures for the movement, release, and clearance of goods across borders.","og_url":"https:\/\/exam.pscnotes.com\/mcq\/consider-the-following-statements-1-india-has-ratified-the-trade-f\/","og_site_name":"MCQ and Quiz for Exams","article_published_time":"2025-06-01T10:59:02+00:00","author":"rawan239","twitter_card":"summary_large_image","twitter_misc":{"Written by":"rawan239","Est. reading time":"1 minute"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebPage","@id":"https:\/\/exam.pscnotes.com\/mcq\/consider-the-following-statements-1-india-has-ratified-the-trade-f\/","url":"https:\/\/exam.pscnotes.com\/mcq\/consider-the-following-statements-1-india-has-ratified-the-trade-f\/","name":"Consider the following statements: 1. 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The WTO Trade Facilitation Agreement (TFA) aims to streamline and simplify customs procedures for the movement, release, and clearance of goods across borders.","breadcrumb":{"@id":"https:\/\/exam.pscnotes.com\/mcq\/consider-the-following-statements-1-india-has-ratified-the-trade-f\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/exam.pscnotes.com\/mcq\/consider-the-following-statements-1-india-has-ratified-the-trade-f\/"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/exam.pscnotes.com\/mcq\/consider-the-following-statements-1-india-has-ratified-the-trade-f\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/exam.pscnotes.com\/mcq\/"},{"@type":"ListItem","position":2,"name":"UPSC IAS","item":"https:\/\/exam.pscnotes.com\/mcq\/category\/upsc-ias\/"},{"@type":"ListItem","position":3,"name":"Consider the following statements: 1. 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