India and Japan agreed to modernise which existing economic agreement? MCQ with Answer and Explanation

India and Japan agreed to modernise which existing economic agreement?
A. India-Japan Comprehensive Economic Partnership Agreement (CEPA)
B. India-Japan Bilateral Investment Treaty
C. India-Japan Free Trade Agreement
D. India-Japan Economic Cooperation Agreement
Answer: Option A
Solution (By JKExamLibrary)
Both leaders agreed to modernise the India-Japan Comprehensive Economic Partnership Agreement (CEPA).

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Practice More Current Affairs 2026 Section 1 Questions

Question #1 Report Error
Prime Minister Narendra Modi inaugurated which semiconductor facility in Sanand, Gujarat on July 4, 2026?
A. CG Semi Outsourced Semiconductor Assembly and Test facility
B. Intel India Semiconductor Plant
C. Tata Semiconductor Assembly and Test facility
D. AMD Chip Design Centre

Correct Answer: Option A


Explanation:
PM Modi inaugurated the CG Semi Outsourced Semiconductor Assembly and Test facility in Sanand, Gujarat.

Question #2 Report Error
The government expects the fiscal deficit to be at what percentage of GDP in 2026-27?
A. 4.3%
B. 3.8%
C. 4.0%
D. 4.6%

Correct Answer: Option A


Explanation:
The government expects the fiscal deficit to be at 4.3 per cent of the GDP in 2026-27.[reference:39]

Question #3 Report Error
Which of the following countries became the first foreign buyer of the BrahMos missile system?
A. Indonesia
B. Vietnam
C. Philippines
D. Malaysia

Correct Answer: Option C


Explanation:
The Philippines became the first foreign buyer of the BrahMos missile system.