Question

72. Consider the following statements about Permanent Court of Arbitration.
1. The Permanent Court of Arbitration is referred to as World Court.
2. It is arbitral tribunal to resolve specific disputes.
3. It is located at Netherland.
Select the correct answer using following codes.

• A. Only 1 and 2
• B. Only 2
• C. Only 2 and 3
• D. All of the above

Answer 1

The correct option is C Only 2 and 3

PCA is an intergovernmental organization established in 1899. It is located at The Hague in the Netherlands. It is not a court in the traditional sense, but a permanent framework for arbitral tribunals constituted to resolve specific disputes.
PCA seeks to facilitate arbitration and other forms of dispute resolution involving various combinations of states, state entities, international organizations and private parties. It was the first permanent intergovernmental organization that provided a forum for the resolution of international disputes through arbitration and other peaceful means.
The International Court of Justice is the primary court of justice of United Nations. The ICJ is referred to as World Court. The Permanent Court of Arbitration is an observer in United Nations. Both are located in Hague, Netherland