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Consider the following pairs:
1. Potential new RCEP members - Bangladesh and Sri Lanka
2. India's trade deficit with China in 2023-24 - Significant levels
3. World Bank's estimated income gain for India rejoining RCEP - USD 100 billion annually
4. India's existing trade agreements with RCEP members - Excludes New Zealand and China
How many pairs given above are correctly matched?
- a)Only one pair
- b)Only two pairs
- c)Only three pairs
- d)All four pairs
Correct answer is option 'C'. Can you explain this answer?
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Most Upvoted Answer
Consider the following pairs:1. Potential new RCEP members - Banglade...
1. Potential new RCEP members - Bangladesh and Sri Lanka: Correct. Both Bangladesh and Sri Lanka have expressed interest in joining RCEP.
2. India's trade deficit with China in 2023-24 - Significant levels: Correct. India’s trade deficit with China has reached significant levels in 2023-24.
3. World Bank's estimated income gain for India rejoining RCEP - USD 100 billion annually: Incorrect. The World Bank's estimated income gain for India rejoining RCEP is USD 60 billion annually, not USD 100 billion.
4. India's existing trade agreements with RCEP members - Excludes New Zealand and China: Correct. India has existing trade agreements with 13 of the 15 RCEP members, excluding New Zealand and China.
Thus, pairs 1, 2, and 4 are correctly matched, while pair 3 is incorrectly matched.
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Consider the following pairs:1. Potential new RCEP members - Banglade...
Analysis of the Pairs
To determine how many pairs are correctly matched, let's examine each one:
1. Potential new RCEP members - Bangladesh and Sri Lanka
- Correctness: This pair is correct. Both Bangladesh and Sri Lanka have expressed interest in joining the Regional Comprehensive Economic Partnership (RCEP).
2. India's trade deficit with China in 2023-24 - Significant levels
- Correctness: This pair is also correct. India's trade deficit with China has remained notably high, indicating significant levels.
3. World Bank's estimated income gain for India rejoining RCEP - USD 100 billion annually
- Correctness: This pair is correct. The World Bank has projected substantial economic benefits for India if it rejoins RCEP, with estimates around USD 100 billion annually.
4. India's existing trade agreements with RCEP members - Excludes New Zealand and China
- Correctness: This pair is incorrect. India has existing trade agreements with several RCEP members, including New Zealand. It does not exclude New Zealand but does exclude China in the context of certain agreements.
Conclusion
Based on the analysis, three out of the four pairs are correctly matched. Therefore, the correct answer is option 'C', as only three pairs are accurate.
To determine how many pairs are correctly matched, let's examine each one:
1. Potential new RCEP members - Bangladesh and Sri Lanka
- Correctness: This pair is correct. Both Bangladesh and Sri Lanka have expressed interest in joining the Regional Comprehensive Economic Partnership (RCEP).
2. India's trade deficit with China in 2023-24 - Significant levels
- Correctness: This pair is also correct. India's trade deficit with China has remained notably high, indicating significant levels.
3. World Bank's estimated income gain for India rejoining RCEP - USD 100 billion annually
- Correctness: This pair is correct. The World Bank has projected substantial economic benefits for India if it rejoins RCEP, with estimates around USD 100 billion annually.
4. India's existing trade agreements with RCEP members - Excludes New Zealand and China
- Correctness: This pair is incorrect. India has existing trade agreements with several RCEP members, including New Zealand. It does not exclude New Zealand but does exclude China in the context of certain agreements.
Conclusion
Based on the analysis, three out of the four pairs are correctly matched. Therefore, the correct answer is option 'C', as only three pairs are accurate.
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Consider the following pairs:1. Potential new RCEP members - Bangladesh and Sri Lanka2. India's trade deficit with China in 2023-24 - Significant levels3. World Bank's estimated income gain for India rejoining RCEP - USD 100 billion annually4. India's existing trade agreements with RCEP members - Excludes New Zealand and ChinaHow many pairs given above are correctly matched?a)Only one pairb)Only two pairsc)Only three pairsd)All four pairsCorrect answer is option 'C'. Can you explain this answer?
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Consider the following pairs:1. Potential new RCEP members - Bangladesh and Sri Lanka2. India's trade deficit with China in 2023-24 - Significant levels3. World Bank's estimated income gain for India rejoining RCEP - USD 100 billion annually4. India's existing trade agreements with RCEP members - Excludes New Zealand and ChinaHow many pairs given above are correctly matched?a)Only one pairb)Only two pairsc)Only three pairsd)All four pairsCorrect answer is option 'C'. Can you explain this answer? for UPSC 2024 is part of UPSC preparation. The Question and answers have been prepared according to the UPSC exam syllabus. Information about Consider the following pairs:1. Potential new RCEP members - Bangladesh and Sri Lanka2. India's trade deficit with China in 2023-24 - Significant levels3. World Bank's estimated income gain for India rejoining RCEP - USD 100 billion annually4. India's existing trade agreements with RCEP members - Excludes New Zealand and ChinaHow many pairs given above are correctly matched?a)Only one pairb)Only two pairsc)Only three pairsd)All four pairsCorrect answer is option 'C'. Can you explain this answer? covers all topics & solutions for UPSC 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Consider the following pairs:1. Potential new RCEP members - Bangladesh and Sri Lanka2. India's trade deficit with China in 2023-24 - Significant levels3. World Bank's estimated income gain for India rejoining RCEP - USD 100 billion annually4. India's existing trade agreements with RCEP members - Excludes New Zealand and ChinaHow many pairs given above are correctly matched?a)Only one pairb)Only two pairsc)Only three pairsd)All four pairsCorrect answer is option 'C'. Can you explain this answer?.
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