Q10 · UPPSC current affairs · 26 September 2026 · News · Model Bilateral Investment Treaty Revamped Draft

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Which government body manages the Model Bilateral Investment Treaty (BIT) framework in India?

A Ministry of External Affairs
B Ministry of Commerce and Industry (DPIIT)
C NITI Aayog
D Department of Economic Affairs, Ministry of Finance

Correct answer: (d) Department of Economic Affairs, Ministry of Finance

Explanation

Option D is correct as the Model BIT framework is handled by the Department of Economic Affairs under the Ministry of Finance. The other bodies listed do not manage this specific investment treaty framework.

Same topic · past papers

UPSC has asked this before

These previous-year questions sit on the same topic. Open one to practise the earlier ask.

  1. 2024 · Q84 · UPPGS

    With reference to "Mobility Arrangement for Talented Early-professionals Scheme" (MATES), which of the following statements is/are correct? 1. This is a bilateral framework between India and Australia. 2. In this scheme Indian graduates (aged 18-30) with knowledge and skills in specific fields of study will be offered to live and work in Australia for up to two years. Select the correct answer from the codes given below:

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