UPSC CSE Prelims
Question 2
Consider the following statements :
Statement-I : Recently, the United States of America (USA) and the European Union (EU) have launched the 'Trade and Technology Council'.
Statement-II : The USA and the EU claim that through this they are trying to bring technological progress and physical productivity under their control.
Which one of the following is correct in respect of the above statements?
View correct answer and explanation
Correct answer: C
Correct Option: C (Statement-I is correct but Statement-II is incorrect)
Explanation: The EU–US Trade and Technology Council was launched in 2021 to coordinate cooperation on technology, trade and security, not to monopolize worldwide productivity.
Statement / Pair / Item-wise Analysis:
I. Correct/True - The United States and European Union launched the Trade and Technology Council in 2021.
II. Incorrect/False - Its stated goal is transatlantic cooperation on standards, resilient supply chains and innovation-not to bring all technological progress under their control.
Option-wise Analysis:
A. Incorrect-Statement II is false: Its stated goal is transatlantic cooperation on standards, resilient supply chains and innovation-not to bring all technological progress under their control.
B. Incorrect-Statement II is false: Its stated goal is transatlantic cooperation on standards, resilient supply chains and innovation-not to bring all technological progress under their control.
C. Correct-only Statement I is true.
D. Incorrect-Statement I is true, not false: The United States and European Union launched the Trade and Technology Council in 2021.