Q. Consider the following statements:
1.India is the first country to sign a Comprehensive Economic Partnership Agreement (CEPA) with the United Arab Emirates (UAE).
2.The largest group of foreign residents living in the UAE is Indians.
Which of the statement(s) given above is/are correct?
Answer: C
Notes:
Explanation –
Statements 1 and 2 are correct. India became the first country with which the UAE signed a Comprehensive Economic Partnership Agreement. The CEPA is the first bilateral trade agreement signed by the UAE and marks a milestone in the economic relations between India and the UAE. It is also the first trade agreement in the Middle East and North Africa (MENA) region that India has signed. Indians form the largest expatriate community in the UAE, constituting about 28% of the total population.
Source: The Hindu
