Q11 · UPPSC current affairs · 8 October 2026 · PIB · India-U.S. Trade and Investment Engagement

← Q10 Q12 →

English हिंदी

Consider the following statements regarding trade and investment administration in India:1.The Department for Promotion of Industry and Internal Trade (DPIIT) handles foreign direct investment policy approval and monitoring.2.The Ministry of Culture is responsible for handling international bilateral trade negotiations and foreign direct investment caps.Which of the statements given above is/are correct?

A Both 1 and 2

B Neither 1 nor 2

C 2 only

D 1 only

Correct answer: (d) 1 only

Explanation

Statement 1 is correct because DPIIT handles foreign direct investment policy approval and monitoring. Statement 2 is incorrect because bilateral trade and FDI policies are handled by the Ministry of Commerce and Industry (via DPIIT), not the Ministry of Culture.

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.

2023 · Q89 · UPPGS
Which of the following cities of Uttar Pradesh is NOT included as a venue for the 11 meetings of 200 sessions of G-20 during India's presidency?
View answer →

← 8 October 2026 quiz