2017 · Q72
Which of the following statements about the Trans-Pacific Partnership (TPP) is/are correct ?
- 1The TPP was sighed by 12 Pacific Rim nations in the year 2015.
- 2The TPP is likely to be a game-changer in global trade as member countries account for about 40 percent of global GDP.
- 3India is a founder member of TPP.
Select the correct answer using the code given below :
General KnowledgeCurrent Affairs
- A1, 2 and 3
- B1 and 2 only
- C2 and 3 only
- D1 only
Explanation
The TPP was concluded among 12 Pacific Rim nations in 2015 (1), whose members account for roughly 40% of global GDP (2). India was never a member (3). Note: the agreement was formally signed in February 2016; the question treats the 2015 conclusion as the reference point, and no option fits otherwise. Hence ‘1 and 2 only’ = B.