2023
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Yulin Naval Base
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Changi Naval Base
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Cam Ranh Bay Naval Base
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None of these
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Detailed explanation-1: -In 2018, “India-Singapore Bilateral Agreement for Navy Cooperation” was signed which gave Indian Navy ships access to Singapore’s Changi Naval Base near the disputed South China Sea, mutual logistical support and refuelling rights at the port.
Detailed explanation-2: -The India-Singapore CECA has four key components: a free trade agreement (FTA) in goods; an arrangement for boosting trade in services, including financial services; a package to promote investment flows and provide mutual investment protection; and a new agreement for avoiding double taxation.
Detailed explanation-3: -SIMBEX-2022 is being conducted in two phases – Harbour Phase at Visakhapatnam from 26 to 27 October 2022 followed by the Sea Phase in Bay of Bengal from 28 to 30 October 2022.
Detailed explanation-4: -This is very crucial since over 70% of China’s trade is done through the Strait of Malacca. Singapore’s Changi Naval Base serves as an Indian Naval base outside India.
Detailed explanation-5: -The Comprehensive Economic Cooperation Agreement (CECA) is a free trade agreement between Singapore and India to strengthen bilateral trade. It was signed on 29 June 2005.