Q. With reference to Indo-Pacific Economic Framework (IPEF) consider the following statements:
1.IPEF members represent 40% of the global gross domestic product and 28% of the world’s trade.
2.IPEF aims to counter China’s increasing influence in the Indo-Pacific region.
3.India has joined all the pillars of IPEF..
Which of the statements given above are correct?
Answer: A
Notes:
Explanation –
Statement 1 and 2 are correct. IPEF members represent 40% of the global gross domestic product and 28% of the world’s trade. IPEF aims to counter China’s increasing influence in the Indo-Pacific region.
Statement 3 is incorrect. India has yet to take a call on whether to join the trade pillar, though it has joined the other three.
Source: ForumIAS
