Multiple Choice Questions on With reference to Global Gateway Plan consider the following statements The plan was envisaged by Un........... for UPSC Civil Services Examination (General Studies) Preparation

Back to Main Page

Multiple Choice Questions

With reference to Global Gateway Plan consider the following statements The plan was envisaged by Un...........

International Affairs Europe
    Download Solution PDF

    With reference to Global Gateway Plan, consider the following statements

    1. The plan was envisaged by United Nations.
    2. The plan aims to mobilise EURO 300 billion by 2027 in public and private infrastructure investment around the world.

    Select the correct statement.

    1 only

    Incorrect Answer

    2 only

    Correct Answer

    Both

    Incorrect Answer

    None

    Incorrect Answer
    छोटे Courses बड़े Results
    Master Europe
    Prepare through Micro-courses
    Try Now
    Explanation:

    • Global Gateway
    • The plan was envisaged by European Commission. The EU will use its European Fund for Sustainable Development Plus to finance the project. 
    • It is a roadmap for major investment in infrastructure development around the world.
    • Aim: to mobilise up to €300 billion in public and private investments between 2021 and 2027.
    • It is believed that it was launched to counter the China’s Belt and Road Initiative (BRI) initiative.
    • Objectives: to spread European technology and expertise out in developing countries.   
    • Hence only statement 2nd is correct.

    By: Shubham Tiwari
    ProfileResources

    Let's Discuss

    Master
    Europe
    With abhipedia
    Micro Courses
    Try Now
    What our students have to say
    Review on us
    Download Abhipedia Android App

    Access to prime resources

    Downlod from playstore
    download android app download android app for free