Civil Services Prep

Prelims 2024 · Economy · Question 39

Consider the following statements:

  1. India is a member of the International Grains Council.
  2. A country needs to be a member of the International Grains Council for exporting or importing rice and wheat.

Which of the statements given above is/are correct?

  1. 1 only
  2. 2 only
  3. Both 1 and 2
  4. Neither 1 nor 2

Answer

1 only

1. India is a member of the International Grains Council. India is indeed a member of the International Grains Council (IGC), an intergovernmental body on grains trade and cooperation. Verdict: Correct.

2. A country needs to be a member of the International Grains Council for exporting or importing rice and wheat. IGC membership is not a mandatory condition for international trade in rice or wheat; countries can export/import these commodities without being members. Verdict: Incorrect.

Therefore, only statement 1 is correct.

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