Q83 · UPSC Prelims 2017 · Set A · Art and Culture

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Consider the following statements:1.India has ratified the Trade Facilitation Agreement (TFA) of WTO.2.TFA is a part of WTO's Bali Ministerial Package of 2013.3.TFA came into force in January 2016.Which of the statements given above is/are correct?

A 1 and 2 only
B 1 and 3 only
C 2 and 3 only
D 1, 2 and 3

Correct answer: (a) 1 and 2 only

Explanation

  1. A

    1 and 2 only

    Statement 1 is correct: India ratified the WTO Trade Facilitation Agreement (Cabinet approval 2016). Statement 2 is correct: TFA is part of the Bali Ministerial Package of 2013. Statement 3 is wrong: TFA entered into force in February 2017 after two-thirds of members ratified, not in January 2016. Hence 1 and 2 only is the official key.

  2. B

    1 and 3 only

    Option (b) is 1 and 3 only. The January 2016 entry-into-force date is false. This option is not the key.

  3. C

    2 and 3 only

    Option (c) is 2 and 3 only. It drops India’s ratification, which is true, and keeps the wrong date. This option is therefore wrong.

  4. D

    1, 2 and 3

    Option (d) is all three. Statement 3’s date is the error. This option is not the key.

Summary. Official key is (a) 1 and 2 only. TFA was the Bali 2013 deal on customs efficiency and transparency. India ratified in 2016. The agreement came into force in February 2017, not January 2016. Statement 3 is the only false claim. Only 1 and 2 stand.