Membership of RCEP presents many opportunities for India but current rounds of negotiations fail to address India’s apprehensions. Comment.
Answer: The Regional Comprehensive Economic Partnership (RCEP), is a proposed Free Trade Agreement (FTA) between 10 ASEAN member states and their 6 FTA partners namely India, Australia, China, Japan, New Zealand and Republic of Korea.
Benefits of RCEP to India
- RCEP is vital for India as it accounts for 25 per cent of global GDP, 30 per cent of global trade, 26 per cent of FDI flows, and 45 per cent of the total population.
- The agreement is expected to provide market access for India’s goods and services exports and encourage greater investments and technology into India.
- It would ....
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General Studies Mains Questions And Answers
- 1 Digital transformation holds immense potential for bringing about rapid socio-economic development of rural India. Discuss.
- 2 Discuss the contribution of moderates in the Indian freedom movement by describing the various methods adopted by them.
- 3 Give an account of the evolution of the relationship between the British power and the Indian princely states during the British rule, mentioning the key developments.
- 4 Describing the importance of big dams in India, throw light on the problems associated with them. Discuss the efforts made for dam safety in the country.
- 5 Urbanization is a double-edged sword for women. Discuss the challenges faced by women in cities and describe the measures to overcome them.
- 6 What is the Model Code of Conduct? Describe the importance and challenges of Model Code of Conduct.
- 7 Discuss the functions and role of the Election Commission of India. How does the Election Commission ensure free and fair elections in India?
- 8 BIMSTEC is an important organization to strengthen India's position in South-East Asia. Mention the major obstacles to the integration of BIMSTEC.
- 9 India and the US have agreed to move forward in the field of space cooperation. Discuss the limiting factors in the path of space cooperation between the two countries and suggest ways to solve them.
- 10 The Nuclear Non-Proliferation Treaty is considered important to prevent the spread of nuclear weapons; yet India is opposed to this treaty. Explain.
