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Consider the following statements.
  1. Not all South Asian Association for Regional Cooperation (SAARC) nations are members of the Group of 77 Developing countries.
  2. The Regional Anti-Terrorist Structure (RATS) is a permanent organ of the Shanghai Cooperation Organisation (SCO) which serves to promote cooperation of member states against terrorism, separatism and extremism.
  3. The Southern Common Market commonly known Mercosur is a South American trade bloc.
How many of the above statements are correct?
  • a)
    Only one 
  • b)
    Only two 
  • c)
    Only three 
  • d)
    All four
Correct answer is option 'B'. Can you explain this answer?
Most Upvoted Answer
Consider the following statements. Not all South Asian Association for...
Explanation:
Let's analyze each statement one by one:

Statement 1: Not all South Asian Association for Regional Cooperation (SAARC) nations are members of the Group of 77 Developing countries.
This statement is correct. The SAARC is an organization of South Asian nations aimed at promoting regional cooperation and economic integration. It consists of 8 member countries: Afghanistan, Bangladesh, Bhutan, India, Maldives, Nepal, Pakistan, and Sri Lanka. On the other hand, the Group of 77 (G77) is a coalition of developing nations formed to promote their collective economic interests. It currently has 134 member countries, which includes some SAARC nations but not all of them.

Statement 2: The Regional Anti-Terrorist Structure (RATS) is a permanent organ of the Shanghai Cooperation Organisation (SCO) which serves to promote cooperation of member states against terrorism, separatism, and extremism.
This statement is correct. The RATS is indeed a permanent organ of the SCO, which is a Eurasian political, economic, and security organization. RATS was established in 2004 with the goal of enhancing cooperation among member states in areas such as counter-terrorism, intelligence sharing, and law enforcement. Its main objective is to combat the "three evils" of terrorism, separatism, and extremism.

Statement 3: The Southern Common Market commonly known as Mercosur is a South American trade bloc.
This statement is correct. Mercosur, also known as the Southern Common Market, is a South American trade bloc established in 1991. Its member countries include Argentina, Brazil, Paraguay, and Uruguay. Mercosur aims to facilitate the free movement of goods, services, and factors of production among its member countries, promoting economic integration and cooperation.

Therefore, only two of the above statements are correct (Statement 1 and Statement 2).
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Community Answer
Consider the following statements. Not all South Asian Association for...
  • Statement 1 is incorrect.
  • All South Asian Association for Regional Cooperation (SAARC) nations are members of the Group of 77 Developing countries.
  • The Regional Anti-Terrorist Structure (RATS), headquartered in Tashkent, Uzbekistan, is a permanent organ of the SCO which serves to promote cooperation of member states against terrorism, separatism and extremism.
  • Regional trade now makes up for more than half of global trading, and agreements such as United States-Mexico-Canada Agreement (USMCA), the Southern Common Market (MERCOSUR for its Spanish initials), the European Union, Eurasian Economic Union, the Cooperation Council for the Arab States of the Gulf, African Continental Free Trade Area (AfCFTA) and Regional Comprehensive Economic Partnership (RCEP) are further boosting this trend.
  • Mercosur is a South American trade bloc.
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Consider the following statements. Not all South Asian Association for Regional Cooperation (SAARC) nations are members of the Group of 77 Developing countries. The Regional Anti-Terrorist Structure (RATS) is a permanent organ of the Shanghai Cooperation Organisation (SCO) which serves to promote cooperation of member states against terrorism, separatism and extremism. The Southern Common Market commonly known Mercosur is a South American trade bloc.How many of the above statements are correct?a)Only oneb)Only twoc)Only threed)All fourCorrect answer is option 'B'. Can you explain this answer?
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