Exercise Malabar 2024 was conducted as a quadrilateral naval exercise involving India, Japan, Australia, and the United States in the Indo-Pacific region.
Goa became the first Indian state to achieve 100% tap water connection to all rural households under the Jal Jeevan Mission in 2024.
The Digital Personal Data Protection Act 2024 was enacted to regulate the processing of personal data and strengthen privacy rights in India.
R. Praggnanandhaa won the World Rapid Chess Championship in 2024, achieving significant success at the international level.
Haryana hosted the 38th National Games in 2024, promoting sports development across the state.
India's Mangalyaan-2 (Mars Orbiter Mission-2) successfully achieved orbital insertion around Mars in 2024, continuing India's Mars exploration program.
# India-EFTA Trade Agreement (2024)
Trade agreements are bilateral or multilateral economic pacts between countries or regional blocs that reduce tariffs, facilitate commerce, and strengthen economic ties.
Step 1: Understanding India's Trade Diplomacy
In 2024, India actively pursued trade agreements with multiple regional organizations to expand market access and boost exports. Among several negotiations, India successfully concluded a comprehensive trade agreement with the European Free Trade Association (EFTA).
Step 2: Identifying EFTA and the Agreement
EFTA comprises four developed European nations: Switzerland, Norway, Iceland, and Liechtenstein. This trade pact with EFTA marked India's first trade agreement with a European bloc, covering goods, services, and investment sectors.
The correct answer is (B) EFTA (European Free Trade Association).
The Malayalam film 'All We Imagine as Light' directed by Payal Kapadia won the Golden Palm at Cannes 2024.
Bengaluru Metro Line 4 was inaugurated in 2024, enhancing connectivity in the tech city.
India's G20 presidency emphasized cooperation among Global South nations and inclusive development, focusing on bridging gaps between developed and developing economies.