CURRENT AFFAIRS

2021

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
The European Union has held the 11th Macroeconomic Dialogue virtually with which country?
A
Russia
B
India
C
USA
D
Japan
Explanation: 

Detailed explanation-1: -EU-India: new Trade and Technology Council to lead on digital transformation, green technologies and trade. Today, the EU and India have strengthened their relationship as strategic partners by setting up a new Trade and Technology Council (TTC).

Detailed explanation-2: -As the world’s two largest democracies, the EU and India share a commitment to protecting and promoting human rights, a rules-based global order, effective multilateralism, sustainable development and open trade. In 2022, the EU and India celebrate 60 years of bilateral relations.

Detailed explanation-3: -The European Union (EU) is a unique economic and political union between 27 European countries. The EU that we know today has its roots in several treaties signed in the aftermath of the Second World War.

Detailed explanation-4: -Currently EU is India’s second largest trading partner after US, and the second largest destination for Indian exports. The trade agreement with EU would help India in further expanding and diversifying its exports of goods and services, including securing the value chains.

There is 1 question to complete.