TPP - GS questions based on daily current affairs

1)   Which of the following statements is/are correct about Trans-Pacific Partnership deal?

1. China is a party to Trans-Pacific Partnership deal.
2. South Korea is not party to Trans-Pacific Partnership deal.


a. Only 1
b. Only 2
c. Both
d. None
Answer  Explanation 

ANSWER: Only 1

Explanation:
TPP is a 12-country trade bloc comprising Australia, Canada, Japan, Malaysia, Mexico, Peru, the US, Vietnam, Chile, Brunei, Singapore and New Zealand that sealed the agreement after more than five years of negotiations.