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Consider the following statements regarding UNCITRAL.
  1. UNCITRAL is the principal legal entity within the United Nations system dedicated to international trade law.
  2. UNCITRAL is a legal body that has been working for over 50 years with universal membership that specializes in commercial law reform worldwide.
  3. It aims at creating legal frameworks that promote fairness, transparency, and efficiency in cross-border commercial transactions.
How many of the above statements is/are correct?
  • a)
    Only one 
  • b)
    Only two 
  • c)
    All three 
  • d)
    None
Correct answer is option 'C'. Can you explain this answer?
Most Upvoted Answer
Consider the following statements regarding UNCITRAL. UNCITRAL is the ...
  • UNCITRAL stands for the United Nations Commission on International Trade Law. It is the principal legal entity within the United Nations system dedicated to international trade law.
  • UNCITRAL is a legal body with universal membership that specializes in commercial law reform worldwide. It has been working for over 50 years to modernize and harmonize rules on international business.
  • UNCITRAL’s primary goal is to facilitate international trade by creating legal frameworks and instruments that promote fairness, transparency, and efficiency in cross-border commercial transactions.
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Consider the following statements regarding UNCITRAL. UNCITRAL is the principal legal entity within the United Nations system dedicated to international trade law. UNCITRAL is a legal body that has been working for over 50 years with universal membership that specializes in commercial law reform worldwide. It aims at creating legal frameworks that promote fairness, transparency, and efficiency in cross-border commercial transactions.How many of the above statements is/are correct?a)Only oneb)Only twoc)All threed)NoneCorrect answer is option 'C'. Can you explain this answer?
Question Description
Consider the following statements regarding UNCITRAL. UNCITRAL is the principal legal entity within the United Nations system dedicated to international trade law. UNCITRAL is a legal body that has been working for over 50 years with universal membership that specializes in commercial law reform worldwide. It aims at creating legal frameworks that promote fairness, transparency, and efficiency in cross-border commercial transactions.How many of the above statements is/are correct?a)Only oneb)Only twoc)All threed)NoneCorrect answer is option 'C'. Can you explain this answer? for UPSC 2024 is part of UPSC preparation. The Question and answers have been prepared according to the UPSC exam syllabus. Information about Consider the following statements regarding UNCITRAL. UNCITRAL is the principal legal entity within the United Nations system dedicated to international trade law. UNCITRAL is a legal body that has been working for over 50 years with universal membership that specializes in commercial law reform worldwide. It aims at creating legal frameworks that promote fairness, transparency, and efficiency in cross-border commercial transactions.How many of the above statements is/are correct?a)Only oneb)Only twoc)All threed)NoneCorrect answer is option 'C'. Can you explain this answer? covers all topics & solutions for UPSC 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Consider the following statements regarding UNCITRAL. UNCITRAL is the principal legal entity within the United Nations system dedicated to international trade law. UNCITRAL is a legal body that has been working for over 50 years with universal membership that specializes in commercial law reform worldwide. It aims at creating legal frameworks that promote fairness, transparency, and efficiency in cross-border commercial transactions.How many of the above statements is/are correct?a)Only oneb)Only twoc)All threed)NoneCorrect answer is option 'C'. Can you explain this answer?.
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