Resource Planning and the Need for Conserving Resources
Q. With refer...
Question
Q. With reference to India’s ‘Act far east policy', consider the following statements:
Which of the statements given above is/are correct?
A
1 only
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B
3 only
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C
1 and 3 only
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D
1, 2 and 3
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Solution
The correct option is B 3 only
Explanation:
Statement 1 incorrect: In 2019 India launched its 'Act Far East' policy to cooperate with Russia in development of the Russia’s Far East as he announced a one billion dollar line of credit for the development of the resource-rich region.
Statement 2 is incorrect: Japan and South Korea are not the focus of Act Far East policy.
Statement 3 is correct: To implement the policy both countries are also looking at the feasibility of the Chennai-Vladivostok sea route that would allow India access to Russia’s far east region in 24 days, compared to the 40 days taken by the current route via the Suez Canal and Europe.