Question

Consider the following statements about Indo-Pacific Economic Framework for Prosperity (IPEF):

1.  It was launched to build economic integration in the Indo-Pacific region

2.  IPEF recently signed an agreement to strengthen its supply chain and ensure adherence to labor rules

3.  It was launched by British Prime Minister on May 23, 2022

Which of the statements given above is/are not correct ?

A 1 only Correct Answer Incorrect Answer
B 2 only Correct Answer Incorrect Answer
C 3 only Correct Answer Incorrect Answer
D Both 1 and 2 Correct Answer Incorrect Answer

Solution

The Indo-Pacific Economic Framework for Prosperity (IPEF) recently signed an agreement to strengthen its supply chain and ensure adherence to labor rules. It is a regional arrangement to build cooperation and economic integration in the Indo-Pacific region. It was launched by United States President Joe Biden on May 23, 2022

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