Current Affairs · International Summits & Agreements
Directions: Two statements are given below. Read the information and answer the question. Statement I: At the G20 Summit, India, the European Union, the United States, and several Middle Eastern countries announced the India-Middle East-Europe Economic Corridor (IMEC). The corridor aims to enhance trade connectivity through rail and port infrastructure, linking India to Europe via the UAE, Saudi Arabia, and Jordan/Israel. Statement II: The IMEC project is expected to boost India's export competitiveness, diversify global supply chains, and counterbalance China's Belt and Road Initiative (BRI) by promoting a sustainable, transparent trade network. If both statements are true, which of the following best describes their relationship?
- 1Both the statements I and II are effects of independent causes
- 2Both the statements I and II are independent causes
- 3Statement II is the cause and statement I is its effect
- 4Statement I is the cause and statement II is its effect✓
Correct answer
Statement I is the cause and statement II is its effect
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