Official Answer Key & Detailed Solution
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Correct Answer: Option (B) — 2 only
Concept & Option Breakdown
Standard Reference VerifiedStatement 1 is incorrect: The SAFTA agreement was signed in January 2004 and came into force on January 1, 2006 (not December 1, 2005). Statement 2 is correct: Under the Trade Liberalisation Programme of SAFTA, non-LDC developing member countries (India, Pakistan, and Sri Lanka) agreed to reduce tariffs to 0–5% by 2013.
Practice Full-Length & Sectional Prelims Mocks on this Interface
50 simulated tests in the APT Prelims Test Series (₹1,493) or 1-on-1 Mentorship with Avinash Sir.