Which of the following statements about the India–Japan strategic and economic partnership are correct?
Statements:
1. Japan is India's 5th-largest FDI source, with over $43 billion invested and key roles in metro and bullet train projects.
2. CEPA (2011) led to 11 Japanese industrial townships in 8 Indian states and 1,400+ Japanese firms in India.
3. CEPA launched a Digital Skills Exchange Program on AI and Kaizen-based public governance.
Show answer & explanation
Correct answer: A
Explanation
- Statement 1 ✅ Correct — Japan is confirmed as India's 5th-largest FDI source with FDI exceeding $43 billion (2000–2024), and has funded Delhi Metro and the Mumbai-Ahmedabad bullet train.
- Statement 2 ✅ Correct — CEPA (2011) is linked to 11 Japanese industrial townships and 1,400+ Japanese companies operating in India.
- Statement 3 ❌ Incorrect — No verified record of a 'Digital Skills Exchange Program on AI and Kaizen-based public governance' being launched under CEPA. This appears to be a fabricated/distractor statement.
Answer: Statements 1 and 2 only are correct.