UPSC Prelims 2023·GS1·polity-and-governance·social justice and international relations

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?

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  1. ABoth Statement-I and Statement-II are correct and Statement-II is the correct explanation for Statement-I
  2. BBoth Statement-I and Statement-II are correct and Statement-II is not the correct explanation for Statement-I
  3. CStatement-I is correct but Statement-II is incorrectCorrect
  4. DStatement-I is incorrect but Statement-II is correct

Explanation

Statement-I is correct. The United States of America (USA) and the European Union (EU) launched the Trade and Technology Council (TTC) in June 2021. It serves as a forum for coordinating approaches to key global trade, economic, and technology issues. Statement-II is incorrect. The objective of the TTC is not to bring technological progress and physical productivity "under their control." The stated objectives of the TTC include coordinating approaches to key technology and trade issues, deepening transatlantic trade and economic relations, and promoting innovation while protecting security. The characterization in Statement II misrepresents the actual goals. Since Statement-I is correct but Statement-II is incorrect, the answer is C.
polity-and-governance: Consider the following statements: Statement-I: Recently, the United States of America (USA) and the European Union (EU)

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