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Which of the following statements is/are not correct?
- a)India, Japan and Australia have formally launched the Supply Chain Resilience Initiative (SCRI).
- b)India and Japan have signed the Acquisition and Cross-Servicing Agreement (ACSA).
- c)India has not signed a Comprehensive Economic Partnership Agreement (CEPA) with Japan.
- d)SHINYUU Maitri is the bilateral defence exercises between India and Japan.
Correct answer is option 'C'. Can you explain this answer?
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Which of the following statements is/are not correct?a)India, Japan an...
- Recently, India, Japan and Australia have formally launched the Supply Chain Resilience Initiative (SCRI) in a move to counter China’s dominance of the supply chain in the Indo-Pacific region. Hence, option A is correct.
- The SCRI aims to create a virtuous cycle of enhancing supply chain resilience with a view to eventually attaining strong, sustainable, balanced and inclusive growth in the region.
- In 2020, India and Japan signed a logistics agreement that will allow armed forces of both sides to coordinate closely in services and supplies. The agreement is known as the Acquisition and Cross-Servicing Agreement (ACSA). Hence, option B is correct.
- In 2014, India and Japan upgraded their relationship to 'Special Strategic and Global Partnership'.
- The India-Japan Comprehensive Economic Partnership Agreement (CEPA) that came into force in August 2011 covers trade in goods, services, movement of natural persons, investments, Intellectual Property Rights, custom procedures and other trade related issues. Hence, option C is not correct.
- India and Japan defence forces organize a series of bilateral exercises namely, JIMEX (naval), SHINYUU Maitri (Air Force), and Dharma Guardian (Army). Both countries also participate in Malabar exercise (Naval Exercise) with the USA. Hence, option D is correct.
Most Upvoted Answer
Which of the following statements is/are not correct?a)India, Japan an...
India-Japan-Australia Supply Chain Resilience Initiative (SCRI)
- India, Japan and Australia have formally launched the Supply Chain Resilience Initiative (SCRI).
- The initiative aims to create a more resilient and dependable supply chain in the Indo-Pacific region amidst the ongoing COVID-19 pandemic.
- The SCRI is expected to reduce reliance on a single market and to prevent future supply chain disruptions.
Acquisition and Cross-Servicing Agreement (ACSA)
- India and Japan have signed the Acquisition and Cross-Servicing Agreement (ACSA).
- The agreement allows the two countries to share military logistics and services, including food, water, fuel, transportation, ammunition, and equipment.
- The agreement will enhance the interoperability of the Indian and Japanese militaries and strengthen their strategic partnership.
Comprehensive Economic Partnership Agreement (CEPA)
- India has signed a Comprehensive Economic Partnership Agreement (CEPA) with Japan.
- The CEPA is a free trade agreement that aims to promote trade and investment between the two countries.
- The CEPA covers various sectors, including agriculture, automobiles, pharmaceuticals, and services.
SHINYUU Maitri
- SHINYUU Maitri is the bilateral defence exercises between India and Japan.
- The exercises aim to enhance the interoperability and cooperation between the Indian and Japanese armed forces.
- The exercises involve joint drills and training in various areas, including counter-terrorism, disaster relief, and maritime security.
Correct Answer: Option C
India has signed a Comprehensive Economic Partnership Agreement (CEPA) with Japan, so statement (c) is not correct.
- India, Japan and Australia have formally launched the Supply Chain Resilience Initiative (SCRI).
- The initiative aims to create a more resilient and dependable supply chain in the Indo-Pacific region amidst the ongoing COVID-19 pandemic.
- The SCRI is expected to reduce reliance on a single market and to prevent future supply chain disruptions.
Acquisition and Cross-Servicing Agreement (ACSA)
- India and Japan have signed the Acquisition and Cross-Servicing Agreement (ACSA).
- The agreement allows the two countries to share military logistics and services, including food, water, fuel, transportation, ammunition, and equipment.
- The agreement will enhance the interoperability of the Indian and Japanese militaries and strengthen their strategic partnership.
Comprehensive Economic Partnership Agreement (CEPA)
- India has signed a Comprehensive Economic Partnership Agreement (CEPA) with Japan.
- The CEPA is a free trade agreement that aims to promote trade and investment between the two countries.
- The CEPA covers various sectors, including agriculture, automobiles, pharmaceuticals, and services.
SHINYUU Maitri
- SHINYUU Maitri is the bilateral defence exercises between India and Japan.
- The exercises aim to enhance the interoperability and cooperation between the Indian and Japanese armed forces.
- The exercises involve joint drills and training in various areas, including counter-terrorism, disaster relief, and maritime security.
Correct Answer: Option C
India has signed a Comprehensive Economic Partnership Agreement (CEPA) with Japan, so statement (c) is not correct.
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Which of the following statements is/are not correct?a)India, Japan and Australia have formally launched the Supply Chain Resilience Initiative (SCRI).b)India and Japan have signed the Acquisition and Cross-Servicing Agreement (ACSA).c)India has not signed a Comprehensive Economic Partnership Agreement (CEPA) with Japan.d)SHINYUU Maitri is the bilateral defence exercises between India and Japan.Correct answer is option 'C'. Can you explain this answer?
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Which of the following statements is/are not correct?a)India, Japan and Australia have formally launched the Supply Chain Resilience Initiative (SCRI).b)India and Japan have signed the Acquisition and Cross-Servicing Agreement (ACSA).c)India has not signed a Comprehensive Economic Partnership Agreement (CEPA) with Japan.d)SHINYUU Maitri is the bilateral defence exercises between India and Japan.Correct answer is option 'C'. Can you explain this answer? for Current Affairs 2024 is part of Current Affairs preparation. The Question and answers have been prepared according to the Current Affairs exam syllabus. Information about Which of the following statements is/are not correct?a)India, Japan and Australia have formally launched the Supply Chain Resilience Initiative (SCRI).b)India and Japan have signed the Acquisition and Cross-Servicing Agreement (ACSA).c)India has not signed a Comprehensive Economic Partnership Agreement (CEPA) with Japan.d)SHINYUU Maitri is the bilateral defence exercises between India and Japan.Correct answer is option 'C'. Can you explain this answer? covers all topics & solutions for Current Affairs 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Which of the following statements is/are not correct?a)India, Japan and Australia have formally launched the Supply Chain Resilience Initiative (SCRI).b)India and Japan have signed the Acquisition and Cross-Servicing Agreement (ACSA).c)India has not signed a Comprehensive Economic Partnership Agreement (CEPA) with Japan.d)SHINYUU Maitri is the bilateral defence exercises between India and Japan.Correct answer is option 'C'. Can you explain this answer?.
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