Which of the following statements about the Trans Pacific Partnership TPP is are correct 1 The TPP w...........

Current GK (CDS) International Affairs

Which of the following statements about the Trans-Pacific Partnership (TPP) is /are correct?

1. The TPP was signed by 12 Pacific Rim nations in the year 2015.

2. The TPP is likely to be a game-changer in global trade as member countries account for about 40 percent of global GDP.

3. India is a founder member of TPP.

Select the correct answer using the code given below.

1, 2 and 3

1 and 2 only

2 and 3 only

1 only

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Explanation:

The Central Statistics Office (CSO), Ministry of Statistics and Programme Implementation, has released the provisional estimates of national income for the financial year 2015-16 and quarterly estimates of Gross Domestic Product (GDP) for the fourth quarter (January-March) of 2015- 16, both at constant (2011-12) and current prices.