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.
- A.Both Statement-I and Statement-II are correct and Statement-II explains Statement-I
- B.Both Statement-I and Statement-II are correct, but Statement-II does not explain Statement-I
- C.Statement-I is correct but Statement-II is incorrect
- D.Statement-I is incorrect but Statement-II is correct
▶ Answer & Explanation
Correct answer: C. Statement-I is correct but Statement-II is incorrect
The US and EU did indeed launch the Trade and Technology Council (TTC) in 2021. Its stated goals are to foster democratic technology, promote trusted trade and economic policies, and promote deep democratic values, rather than to exert control over technological progress or physical productivity in the manner suggested by Statement II.
Source: UPSC gs1 2023