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What is one of the primary reasons cited by the World Bank for India to reconsider joining the Regional Comprehensive Economic Partnership (RCEP)?
  • a)
    Potential decline in income by USD 6 billion annually if India stays out of RCEP.
  • b)
    Expected increase in India's GDP by 0.2% if it remains outside RCEP.
  • c)
    Anticipated boost in India's exports by 10% in the services sector.
  • d)
    Projection of USD 186 billion increase in global economy without India's participation.
Correct answer is option 'A'. Can you explain this answer?
Verified Answer
What is one of the primary reasons cited by the World Bank for India ...
The World Bank suggests that if India chooses not to rejoin the RCEP, there could be a potential decline in income by USD 6 billion annually. This indicates a significant financial impact on India compared to the gains estimated if it were to participate in the partnership. Joining RCEP, as per the World Bank's analysis, could lead to substantial income gains for India, emphasizing the economic benefits that could arise from participation.
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What is one of the primary reasons cited by the World Bank for India to reconsider joining the Regional Comprehensive Economic Partnership (RCEP)?a)Potential decline in income by USD 6 billion annually if India stays out of RCEP.b)Expected increase in India's GDP by 0.2% if it remains outside RCEP.c)Anticipated boost in India's exports by 10% in the services sector.d)Projection of USD 186 billion increase in global economy without India's participation.Correct answer is option 'A'. Can you explain this answer?
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What is one of the primary reasons cited by the World Bank for India to reconsider joining the Regional Comprehensive Economic Partnership (RCEP)?a)Potential decline in income by USD 6 billion annually if India stays out of RCEP.b)Expected increase in India's GDP by 0.2% if it remains outside RCEP.c)Anticipated boost in India's exports by 10% in the services sector.d)Projection of USD 186 billion increase in global economy without India's participation.Correct answer is option 'A'. Can you explain this answer? for UPSC 2025 is part of UPSC preparation. The Question and answers have been prepared according to the UPSC exam syllabus. Information about What is one of the primary reasons cited by the World Bank for India to reconsider joining the Regional Comprehensive Economic Partnership (RCEP)?a)Potential decline in income by USD 6 billion annually if India stays out of RCEP.b)Expected increase in India's GDP by 0.2% if it remains outside RCEP.c)Anticipated boost in India's exports by 10% in the services sector.d)Projection of USD 186 billion increase in global economy without India's participation.Correct answer is option 'A'. Can you explain this answer? covers all topics & solutions for UPSC 2025 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for What is one of the primary reasons cited by the World Bank for India to reconsider joining the Regional Comprehensive Economic Partnership (RCEP)?a)Potential decline in income by USD 6 billion annually if India stays out of RCEP.b)Expected increase in India's GDP by 0.2% if it remains outside RCEP.c)Anticipated boost in India's exports by 10% in the services sector.d)Projection of USD 186 billion increase in global economy without India's participation.Correct answer is option 'A'. Can you explain this answer?.
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