3956. Which one of the following statements about the Trans – Pacific Partnership (TPP) is/are correct? 1. The TPP was signed by 12 Pacific Rim Nations in the year 2015. 2. The TPP is likely to be a game – changer in global trade as member countries account for about 40% of global GDP. 3. India is a founder member of TPP. Select the correct answer using the code given below.

A. 1, 2 and 3
B. 1 and 2 only
C. 2 and 3 only
D. 1 only
✅ The correct answer is option B.
The Trans – Pacific Partnership (TPP), or Trans – Pacific Partnership Agreement, was a proposed trade agreement between Australia, Brunei, Canada, Chile, Japan, Malaysia, Mexico, New Zealand, Peru, Singapore, Vietnam, and the United States signed on 4 February 2016.

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