Question

Consider the following statements.
$1$. European Union (EU) is an economic and political confederation of $27$ countries.
$2$. EU was formed as the European Coal and Steel Community (ECSC) and the European Economic Community (EEC) in $1951$ and $1958$ respectively.
Which of the statements given is/are correct?

• A. Only $1$
• B. Only $2$
• C. Both $1$ and $2$
• D. Neither $1$ nor $2$

Answer 1

The correct option is C Both $1$ and $2$

The European Union is a unique economic and political union between 28 European countries that together cover much of the continent. The treaty establishing the European Coal and Steel Community (ECSC) was signed on 18 April 1951 in Paris: the 6 founding countries (France, the Federal Republic of Germany, Belgium, Luxembourg, the Netherlands and Italy) agreed to foster exchanges of raw materials needed for the steel industry to accelerate the post-war economic dynamic. The goal was to equip Europe with an autonomous production capacity.