Question : India and U.S. have decided to finalise agreements related to which of the following ?
Option 1: Trade and Investment
Option 2: Intellectual Property
Option 3: Traditional Knowledge
Option 4: All of the above
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Correct Answer: All of the above
Solution : The Correct Answer is All of the above
Based on shared values and generally converging geopolitical interests, Washington and New Delhi have been pursuing a "strategic partnership" since 2004. Since both nations have agreements covering trade, investment, intellectual property, and traditional knowledge, the United States is India's largest investment partner, contributing $9 billion in direct investment (or 9% of all foreign investment) to the country.
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