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What was the main purpose of the India–MERCOSUR Preferential Trade Agreement discussions held in New Delhi on 16 October 2025?

  1. To establish a common currency
  2. To coordinate defence policies
  3. To standardize education systems
  4. To promote trade and investment

Answer: To promote trade and investment

The discussions aimed to strengthen economic cooperation by expanding trade and investment between India and MERCOSUR member countries.

Topic International Trade
Exam Relevance RRB NTPC, SSC, Banking, State PCS

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