Chronicle English Books  2022 for Mains

Investment Incentive Agreement (IIA)

Consider the following statements:

  1. Recently, India and the United States signed an Investment Incentive Agreement (IIA) at Tokyo, Japan.
  2. It supersedes the Investment Incentive Agreement signed between the Government of India and the Government of the United States of America in the year 2015.
  3. Significant developments have taken place since the signing of the earlier IIA, including the creation of a new agency called US International Development Finance Corporation (DFC), a development finance agency of the Government of the USA.

Which of the above statement(s) is/are true?

A
1 and 2
B
2 and 3
C
1 and 3
D
All of the above
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