Q1 · UPSC current affairs · 29 September 2026 · News · India UAE Strategic Energy Partnership

Q2 →

Consider the following statements regarding the recent India-UAE bilateral developments:1.The UAE has announced an additional $25 billion investment plan in India targeting strategic petroleum reserves and subsea energy pipelines.2.Bilateral trade between the two nations has reached a target of $200 billion ahead of the 2032 deadline.Which of the statements given above is/are correct?

A 2 only
B 1 only
C Neither 1 nor 2
D Both 1 and 2

Correct answer: (b) 1 only

Explanation

Statement 1 is correct because the UAE announced an additional $25 billion investment plan targeting strategic petroleum reserves and subsea energy pipelines. Statement 2 is incorrect because bilateral trade has reached $100 billion with a revised target of $200 billion by 2032, not achieved yet.

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