Consider the following statements :Statement-I :Recently, the United States of America (USA) and the European Union (EU) have launched the 'Trade and Technology Council'Statement-II :The USA and the EU claim that through this they are trying to being technological progress and physical productivity under their control.Which one of the following is correct in respect of the above statement?

1. A

   Both Statement-I and Statement-II are correct and Statement- II is the correct explanation for Statement-I

   Both correct and II explains I. The TTC is not a bid to ‘control’ technological progress and physical productivity.

2. B

   Both Statement-I and Statement-II are correct and Statement- II is not the correct explanation for Statement-I

   Both correct but II does not explain I. II is false.

3. C

   Statement-I is correct but Statement- II is incorrect

   I correct, II incorrect. The US–EU Trade and Technology Council exists. Statement-II misstates its claim.

4. D

   Statement-I is incorrect but Statement-II is correct

   I incorrect, II correct. The Council was launched in 2021.

Summary. Official key is (c). The United States and the European Union launched a Trade and Technology Council. Its stated aim is coordination on trade, standards and technology — not bringing technological progress and physical productivity ‘under their control’. Statement-II is the false gloss.