Consider the following statements about India-Middle East-Europe Economic corridor IMEC1. The project includes India, UAE, Israel, European Union and USA.2. The IMEC comprises an Eastern Corridor connecting India to the Gulf region and a Northern Corridor connecting the Gulf region to Europe.3. The corridor only includes road and air routes.How many of the statements given above are correct?a)Only oneb)Only twoc)All threed)None of the aboveCorrect answer is option 'A'. Can you explain this answer?

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Consider the following statements about India-Middle East-Europe Economic corridor IMEC

1. The project includes India, UAE, Israel, European Union and USA.
2. The IMEC comprises an Eastern Corridor connecting India to the Gulf region and a Northern Corridor connecting the Gulf region to Europe.
3. The corridor only includes road and air routes.

How many of the statements given above are correct?

a)
Only one
b)
Only two
c)
All three
d)
None of the above

Correct answer is option 'A'. Can you explain this answer?

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Most Upvoted Answer

Consider the following statements about India-Middle East-Europe Econo...

Correct Answer: a) Only one

Explanation:

Statement Analysis:
1. Incorrect: The project includes India, UAE, Israel, European Union and USA. This statement is incorrect as the IMEC comprises India, the Gulf region, and Europe, without the involvement of Israel, the European Union, and the USA.
2. Correct: The IMEC comprises an Eastern Corridor connecting India to the Gulf region and a Northern Corridor connecting the Gulf region to Europe. This statement is correct as the project consists of two main corridors - Eastern and Northern connecting different regions.
3. Incorrect: The corridor only includes road and air routes. This statement is incorrect as the IMEC includes various modes of transportation such as road, rail, air, and maritime routes for connectivity between India, the Gulf region, and Europe.
Therefore, only statement 2 is correct, making the correct answer option a) Only one.

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Consider the following statements about India-Middle East-Europe Econo...

India-Middle East-Europe Economic corridor:

The project includes India, the UAE, Saudi Arabia, the European Union, France, Italy, Germany and the US.
The project will aim to enable greater trade among the involved countries, including energy products.
The IMEC comprises an Eastern Corridor connecting India to the Gulf region and a Northern Corridor connecting the Gulf region to Europe.
It will include a railway and ship-rail transit network and road transport routes.
The corridor will include a rail link as well as an electricity cable, a hydrogen pipeline and a high-speed data cable.
In the coming times, it will be a major medium of economic integration between India, West Asia and Europe.
The rail and shipping corridor is part of the Partnership for Global Infrastructure Investment (PGII)

Significance

It would increase prosperity among the countries involved through an increased flow of energy and digital communications.
The project would help deal with the lack of infrastructure needed for growth in lower- and middle-income nations.

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Consider the following statements about India-Middle East-Europe Economic corridor IMEC1. The project includes India, UAE, Israel, European Union and USA.2. The IMEC comprises an Eastern Corridor connecting India to the Gulf region and a Northern Corridor connecting the Gulf region to Europe.3. The corridor only includes road and air routes.How many of the statements given above are correct?a)Only oneb)Only twoc)All threed)None of the aboveCorrect answer is option 'A'. Can you explain this answer?

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