Consider the following statements:
1. Organisation of the Petroleum Exporting Countries (OPEC) is an intergovernmental organisation of twelve oil producing countries.
2. Ecuador and Venezuela are members of the OPEC which are non-Arab countries.
Which of the statements given above is/are correct?

Only 1

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Only 2

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Both 1 and 2

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Neither 1 nor 2

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Solution

The correct option is C Both 1 and 2
Organization of the Petroleum Exporting Countries is an intergovernmental organization of 14 nations as of May 2017. It was founded in 1960 in Baghdad by the first five members. It is headquartered in Vienna since 1965. Ecuador and Venezuela are the members of the OPEC outside the Arab Countries.

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Consider the following statements:1. Organisation of the Petroleum Exporting Countries (OPEC) is an intergovernmental organisation of twelve oil producing countries.2. Ecuador and Venezuela are members of the OPEC which are non-Arab countries. Which of the statements given above is/are correct?

Consider the following statements:
1. Organisation of the Petroleum Exporting Countries (OPEC) is an intergovernmental organisation of twelve oil producing countries.
2. Ecuador and Venezuela are members of the OPEC which are non-Arab countries.
Which of the statements given above is/are correct?