New Enroll in RBI Grade B New Batch - Starts on May 21

    Question

    What is the purpose of the "Atlantic declaration"

    unveiled by Joe Biden and Rishi Sunak?
    A To strengthen economic ties between the US and China Correct Answer Incorrect Answer
    B To promote globalisation and open trade Correct Answer Incorrect Answer
    C To increase US-UK trade in defense, nuclear materials, and critical minerals Correct Answer Incorrect Answer
    D To establish a new capital in Washington, D.C. Correct Answer Incorrect Answer
    E To introduce a new currency, replacing the U.S. dollar Correct Answer Incorrect Answer

    Solution

    US President Joe Biden and UK Prime Minister Rishi Sunak agreed an “Atlantic declaration” to strengthen economic ties between the US and The UK, in a further sign of the allies turning their back on globalisation and trying to cut China out of supply chains. The declaration aims to increase US-UK trade in areas such as defence, nuclear materials and the critical minerals used in electric-car batteries, as Biden tries to build “economic security” among western allies. About USA Capital: Washington, D.C.                     Currency: U.S. dollar         President: Joe Biden

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