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Consider the following statements:
1. The Supply Chain Council is one of the entities established under the Indo-Pacific Economic Framework for Prosperity (IPEF) to enhance supply chain resilience.
2. The Crisis Response Network under IPEF serves as a platform for coordinated emergency responses to disruptions in supply chains.
3. India holds the position of Chair in both the Supply Chain Council and the Labour Rights Advisory Board under IPEF.
Which of the statements given above is/are correct?
  • a)
    1 Only
  • b)
    1 and 2 Only
  • c)
    1 and 3 Only
  • d)
    1, 2 and 3
Correct answer is option 'B'. Can you explain this answer?
Most Upvoted Answer
Consider the following statements:1. The Supply Chain Council is one ...
- Statement 1: Correct. The Supply Chain Council is indeed one of the entities established under the Indo-Pacific Economic Framework for Prosperity (IPEF) to enhance supply chain resilience. This council focuses on fortifying supply chains critical for national security, public health, and economic stability.
- Statement 2: Correct. The Crisis Response Network under IPEF serves as a platform for coordinated emergency responses to disruptions in supply chains. This network aims to address both immediate and long-term supply chain vulnerabilities.
- Statement 3: Incorrect. While India is the Vice-Chair of the Supply Chain Council, it does not hold the position of Chair. The USA holds the Chair position in the Supply Chain Council. Similarly, the USA is the Chair of the Labour Rights Advisory Board, with Fiji as the Vice-Chair.
Thus, the correct answer is Option B.
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Consider the following statements:1. The Supply Chain Council is one of the entities established under the Indo-Pacific Economic Framework for Prosperity (IPEF) to enhance supply chain resilience.2. The Crisis Response Network under IPEF serves as a platform for coordinated emergency responses to disruptions in supply chains.3. India holds the position of Chair in both the Supply Chain Council and the Labour Rights Advisory Board under IPEF.Which of the statements given above is/are correct?a)1 Onlyb)1 and 2 Onlyc)1 and 3 Onlyd)1, 2 and 3Correct answer is option 'B'. Can you explain this answer?
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