Current Affairs · Bilateral Agreements and Resources
Consider the following statements regarding international partnerships on critical minerals: Statement I: The India-Brazil agreement on critical minerals primarily aims to shift India's critical mineral processing supply chains away from Brazil, which currently dominates global processing. Statement II: The cooperation on critical minerals is aligned with India's strategy to diversify supply chains away from China's dominance in the processing of critical minerals. Which one of the following is correct in respect of the above statements?
- 1Statement I is incorrect, but Statement II is correct.✓
- 2Statement I is correct, but Statement II is incorrect.
- 3Both Statement I and Statement II are correct, but Statement II is not the correct explanation for Statement I.
- 4Both Statement I and Statement II are correct, and Statement II is the correct explanation for Statement I.
Correct answer
Statement I is incorrect, but Statement II is correct.
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