UPSC CSE Prelims
Question 82
Consider the following statements :
- India has ratified the Trade Facilitation Agreement (TFA) of WTO.
- TFA is a part of WTO's Bali Ministerial Package of 2013.
- TFA came into force in January 2016.
Which of the statements given above is/are correct ?
View correct answer and explanation
Correct answer: A
Correct Option: A
Explanation: India ratified the WTO Trade Facilitation Agreement in 2016; it was negotiated in the Bali 2013 package. The treaty entered into force on 22 February 2017, not January 2016.
Statement/Pair-wise Analysis:
Statement/Item 1: Correct - India deposited its instrument of acceptance in April 2016.
Statement/Item 2: Correct - The TFA was part of the WTO’s 2013 Bali Ministerial Package.
Statement/Item 3: Incorrect - The TFA entered into force on 22 February 2017 after the required ratifications.
Option-wise Analysis:
A: Correct - includes all and only the true statements/items.
B: Incorrect - includes incorrect statement/item 3; omits correct statement/item 2.
C: Incorrect - includes incorrect statement/item 3; omits correct statement/item 1.
D: Incorrect - includes incorrect statement/item 3.