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With reference to the Dakar International Forum, consider the following statements:
1. It annually brings together many African Heads of State and Government, international partners, as well as multiple actors of Peace and Security.
2. It was launched during the 2013 Élysée Summit organized by France.
Which of the statements given above is/are correct?
  • a)
    1 only
  • b)
    2 only
  • c)
    Both 1 and 2
  • d)
    Neither 1 nor 2
Correct answer is option 'C'. Can you explain this answer?
Most Upvoted Answer
With reference to the Dakar International Forum, consider the followin...
Minister of State for External Affairs, V. Muraleedharan has recently attended the 8th Dakar International Forum on Peace and Security in Africa. 
  • This is the first time that India participated at the Ministerial level in the event. 
  • It was formerly known as the Dakar Peace and Security Forum.
  • It annually brings together many African Heads of State and Government, international partners, as well as multiple actors of Peace and Security.
  • It was launched during the 2013 Élysée Summit organized by France.
  • The first edition of the forum was held in December 2014 in Dakar under the high patronage of Macky SALL, President of the Republic of Senegal.
Hence both statements are correct.
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With reference to the economic policies of the British in India and its impact, consider the following statements: India's export surplus became vital for Britains' balance of payments by the end of the nineteenth century. The organised money market was completely under the British control. Which of the statements given above is/are correct?Expalantion: The British continued to exploit India's economy. The burden of East India Company's London establishment and dividends to its shareholders was replaced after 1858, by the expenditure on the Secretary of State's India Office. The Indian debt in England which was already considerable as a result of the Company's military ventures and suppression of the mutiny was further increased, when compensation to the Company's shareholders was added to Government of India's account. Both Home charges and private remittances were channelised through Indian exports as pointed out by the nationalist economists from Dadabhai Naoroji onwards. The character of economic drain which was originally mercantilist, underwent a change and it now took the form of exploitation through free trade. In the later stage, it got linked with the structure of British Indian finance capitalism. Statement 1 is correct: In fact, India's export surplus became vital for Britains' balance of payments by the end of the nineteenth century. The British rule inhibited and curbed indigenous industry through a variety of structural constraints. The government policies actively promoted the European enterprise and discriminated against Indians. Statement 2 is not correct: The outstanding feature of the Indian money market was its dichotomy; it consisted of two fairly distinct sectors, the organized and the unorganized. These two were not entirely unconnected, but the links were rather loose. The constituents of the organized sector of the Indian money market were the Imperial Bank of India, the exchange banks, and the Indian joint-stock banks. The unorganized sector comprised the indigenous bankers, moneylenders, chit funds, nidhis, etc., etc. The co-operative credit institutions occupied a somewhat intermediate position.

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With reference to the Dakar International Forum, consider the following statements:1. It annually brings together many African Heads of State and Government, international partners, as well as multiple actors of Peace and Security.2. It was launched during the 2013 Élysée Summit organized by France.Which of the statements given above is/are correct?a)1 onlyb)2 onlyc)Both 1 and 2d)Neither 1 nor 2Correct answer is option 'C'. Can you explain this answer?
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