{"id":86974,"date":"2025-06-01T04:24:38","date_gmt":"2025-06-01T04:24:38","guid":{"rendered":"https:\/\/exam.pscnotes.com\/mcq\/?p=86974"},"modified":"2025-06-01T04:24:38","modified_gmt":"2025-06-01T04:24:38","slug":"consider-the-following-statements-1-the-regional-comprehensive-eco","status":"publish","type":"post","link":"https:\/\/exam.pscnotes.com\/mcq\/consider-the-following-statements-1-the-regional-comprehensive-eco\/","title":{"rendered":"Consider the following statements:\n  1. The Regional Comprehensive Eco"},"content":{"rendered":"<p>Consider the following statements:<\/p>\n<ul>\n<li>1. The Regional Comprehensive Economic Partnership (RCEP) is the world&#8217;s biggest free trade deal.<\/li>\n<li>2. India is a member of the RCEP.<\/li>\n<\/ul>\n<p>Which of the statements given above is\/are correct?<\/p>\n<p>[amp_mcq option1=&#8221;1 only&#8221; option2=&#8221;2 only&#8221; option3=&#8221;Both 1 and 2&#8243; option4=&#8221;Neither 1 nor 2&#8243; correct=&#8221;option1&#8243;]<\/p>\n<div class=\"psc-box-pyq-exam-year-detail\">\n<div class=\"pyq-exam\">\n<div class=\"psc-heading\">This question was previously asked in<\/div>\n<div class=\"psc-title line-ellipsis\">UPSC Geoscientist &#8211; 2022<\/div>\n<\/div>\n<div class=\"pyq-exam-psc-buttons\"><a href=\"\/pyq\/pyq-upsc-geoscientist-2022.pdf\" target=\"_blank\" class=\"psc-pdf-button\" rel=\"noopener\">Download PDF<\/a><a href=\"\/pyq-upsc-geoscientist-2022\" target=\"_blank\" class=\"psc-attempt-button\" rel=\"noopener\">Attempt Online<\/a><\/div>\n<\/div>\n<section id=\"pyq-correct-answer\">\nStatement 1 is correct: The Regional Comprehensive Economic Partnership (RCEP) is considered the world&#8217;s largest free trade agreement, covering about 30% of the world&#8217;s population and GDP.<br \/>\n<\/section>\n<section id=\"pyq-key-points\">\nStatement 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.<br \/>\n<\/section>\n<section id=\"pyq-additional-information\">\nRCEP was signed in November 2020 by 15 countries, including the ten ASEAN member states and five of their major trading partners: Australia, China, Japan, New Zealand, and South Korea. India remains outside the agreement but has the option to join later.<br \/>\n<\/section>\n","protected":false},"excerpt":{"rendered":"<p>Consider the following statements: 1. The Regional Comprehensive Economic Partnership (RCEP) is the world&#8217;s biggest free trade deal. 2. India is a member of the RCEP. Which of the statements given above is\/are correct? [amp_mcq option1=&#8221;1 only&#8221; option2=&#8221;2 only&#8221; option3=&#8221;Both 1 and 2&#8243; option4=&#8221;Neither 1 nor 2&#8243; correct=&#8221;option1&#8243;] This question was previously asked in UPSC &#8230; <\/p>\n<p class=\"read-more-container\"><a title=\"Consider the following statements:\n  1. The Regional Comprehensive Eco\" class=\"read-more button\" href=\"https:\/\/exam.pscnotes.com\/mcq\/consider-the-following-statements-1-the-regional-comprehensive-eco\/#more-86974\">Detailed Solution<span class=\"screen-reader-text\">Consider the following statements:<br \/>\n  1. The Regional Comprehensive Eco<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1091],"tags":[1108,1226],"class_list":["post-86974","post","type-post","status-publish","format-standard","hentry","category-upsc-geoscientist","tag-1108","tag-external-sector-of-economy","no-featured-image-padding"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v22.2 (Yoast SEO v23.3) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Consider the following statements:  1. The Regional Comprehensive Eco<\/title>\n<meta name=\"description\" content=\"Statement 1 is correct: The Regional Comprehensive Economic Partnership (RCEP) is considered the world&#039;s largest free trade agreement, covering about 30% of the world&#039;s population and GDP. 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.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/exam.pscnotes.com\/mcq\/consider-the-following-statements-1-the-regional-comprehensive-eco\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Consider the following statements:  1. The Regional Comprehensive Eco\" \/>\n<meta property=\"og:description\" content=\"Statement 1 is correct: The Regional Comprehensive Economic Partnership (RCEP) is considered the world&#039;s largest free trade agreement, covering about 30% of the world&#039;s population and GDP. 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.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/exam.pscnotes.com\/mcq\/consider-the-following-statements-1-the-regional-comprehensive-eco\/\" \/>\n<meta property=\"og:site_name\" content=\"MCQ and Quiz for Exams\" \/>\n<meta property=\"article:published_time\" content=\"2025-06-01T04:24:38+00:00\" \/>\n<meta name=\"author\" content=\"rawan239\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"rawan239\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"Consider the following statements:  1. The Regional Comprehensive Eco","description":"Statement 1 is correct: The Regional Comprehensive Economic Partnership (RCEP) is considered the world's largest free trade agreement, covering about 30% of the world's population and GDP. 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.","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/exam.pscnotes.com\/mcq\/consider-the-following-statements-1-the-regional-comprehensive-eco\/","og_locale":"en_US","og_type":"article","og_title":"Consider the following statements:  1. The Regional Comprehensive Eco","og_description":"Statement 1 is correct: The Regional Comprehensive Economic Partnership (RCEP) is considered the world's largest free trade agreement, covering about 30% of the world's population and GDP. 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.","og_url":"https:\/\/exam.pscnotes.com\/mcq\/consider-the-following-statements-1-the-regional-comprehensive-eco\/","og_site_name":"MCQ and Quiz for Exams","article_published_time":"2025-06-01T04:24:38+00:00","author":"rawan239","twitter_card":"summary_large_image","twitter_misc":{"Written by":"rawan239","Est. reading time":"1 minute"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebPage","@id":"https:\/\/exam.pscnotes.com\/mcq\/consider-the-following-statements-1-the-regional-comprehensive-eco\/","url":"https:\/\/exam.pscnotes.com\/mcq\/consider-the-following-statements-1-the-regional-comprehensive-eco\/","name":"Consider the following statements: 1. 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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.","breadcrumb":{"@id":"https:\/\/exam.pscnotes.com\/mcq\/consider-the-following-statements-1-the-regional-comprehensive-eco\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/exam.pscnotes.com\/mcq\/consider-the-following-statements-1-the-regional-comprehensive-eco\/"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/exam.pscnotes.com\/mcq\/consider-the-following-statements-1-the-regional-comprehensive-eco\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/exam.pscnotes.com\/mcq\/"},{"@type":"ListItem","position":2,"name":"UPSC Geoscientist","item":"https:\/\/exam.pscnotes.com\/mcq\/category\/upsc-geoscientist\/"},{"@type":"ListItem","position":3,"name":"Consider the following statements: 1. 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