alleryWhich group led the Regional Comprehensive Economic Partnership (RCEP) initiative?
AG20
BASEAN
CSCO
DSAARC
Answer & Solution
Correct answer: B. ASEAN
RCEP is an ASEAN-led trade initiative involving ASEAN members and partner economies; it is not a G20, SCO or SAARC initiative. This wording does not incorrectly equate RCEP membership with ASEAN membership.
Keep practising Indian Economy & Economic Development
Browse all Indian Economy & Economic Development questions for AFCAT, or explore more Economics topics.
Related questions
The three pillars of sustainability are typically:Sustainable development is best defined as:Infant Mortality Rate (IMR) measures:The Human Development Index (HDI) combines indicators from which three areas?Per Capita Income (PCI) is calculated as:The lowering of Bank Rate by the Reserve Bank of India leads toEconomic growth is usually coupled withIn India, which of the following have the highest share in the disbursement of credit to a