Q. Consider the following statements:
1.Decoupling from a nation refers to move businesses away from areas that are considered risky in terms of the returns they could generate.
2.De-risking means having resilient, effective supply chains and ensuring a nation is not subjected to the coercion of any other country.
Select the correct statement using the codes given below:

[A] 1 only

[B] 2 only

[C] Both 1 and 2

[D] Neither 1 nor 2

Answer: B
Notes:

Explanation –

Statement 1 is incorrect. Decoupling refers to the deliberate dismantling – and eventual re-creation elsewhere – of some of the sprawling cross-border supply chains that have defined globalization. In other words, decoupling is complete movement of a nation from the dependency of other nation in doing businesses.

Statement 2 is correct. De-risking means having resilient, effective supply chains and ensuring a nation is not subjected to the coercion of any other country.

Source: ForumIAS