Match the following options in List 1 correctly with those in List 2:
Choose the correct answer from the given options: |
(i)–(c), (ii)–(d), (iii)–(a), (iv)–(b) (i)–(d), (ii)–(c), (iii)–(a), (iv)–(b) (i)–(b), (ii)–(a), (iii)–(d), (iv)–(c) (i)–(b), (ii)–(a), (iii)–(c), (iv)–(d) |
(i)–(b), (ii)–(a), (iii)–(d), (iv)–(c) |
The correct answer is Option 3 - (i)–(b), (ii)–(a), (iii)–(d), (iv)–(c)
European integration after 1945 was aided by the Cold War. America extended massive financial help for reviving Europe’s economy under what was called the ‘Marshall Plan’. The EU has economic, political and diplomatic, and military influence. The European Union’s GDP is projected to be approximately $19.35 trillion in the year 2024. Its currency, the euro, can pose a threat to the dominance of the US dollar. Its share of world trade is much larger than that of the United States allowing it to be more assertive in trade disputes with the US and China. Its economic power gives it influence over its closest neighbours as well as in Asia and Africa. It also functions as an important bloc in international economic organisations such as the World Trade Organisation (WTO). ASEAN was established in 1967 by 5 countries of this region: Indonesia, Malaysia, Phillippines, Singapore, and Thailand, by signing The Bangkok Declaration. India’s ‘Look East’ Policy since 1991 has led to greater economic interaction with the East Asian nations (ASEAN, China, Japan and South Korea). The transition from the "Look East Policy" to the "Act East Policy" was officially announced by Prime Minister Narendra Modi during his visit to Myanmar in November 2014. |