Consider the following statements:
- 1. The Regional Comprehensive Economic Partnership (RCEP) is the world’s biggest free trade deal.
- 2. India is a member of the RCEP.
Which of the statements given above is/are correct?
1 only
2 only
Both 1 and 2
Neither 1 nor 2
Answer is Right!
Answer is Wrong!
This question was previously asked in
UPSC Geoscientist – 2022
Statement 2 is incorrect: India participated in the RCEP negotiations for many years but decided not to join the agreement in November 2019 due to concerns about potential impacts on its domestic industries and agriculture.