Consider the following statements with respect to Trans-Pacific Partnership (TPP) agreement:

  1. TPP is an agreement between Government of China and other Pacific Rim countries.
  2. The agreement’s stated goal had been to “promote economic growth and economic development”.

Which of the above statements is/are correct?

Answer: [B] 2 Only

First statement is wrong because Trans-Pacific Partnership is a trade agreement among twelve Pacific Rim countries, which include: Brunei, Chile, New Zealand, Singapore, Australia, Canada, Japan, Malaysia, Mexico, Peru, United States, and Vietnam. Both India and China are not the members to the agreement.

This question is a part of GKToday's Integrated IAS General Studies Module