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Question

Q. With reference to SAARC (South Asian Association for Regional Cooperation), which of the following statements are correct?

Select the correct answer using the code below:

A

1 and 2 only
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B

2 and 3 only
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C

1 and 3 only
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D

1, 2 and 3
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Solution

The correct option is A
1 and 2 only
Explanation:

Statement 1 is correct:
SAARC is an economic & geo-political organization of 8 countries that are primarily located in South Asia.

Statement 2 is correct: SAARC observer states - Australia, China, the European Union, Iran, Japan, the Republic of Korea, Mauritius, Myanmar and the United States of America.

Statement 3 is incorrect: South Asia Satellite which is a communication satellite built and operated by ISRO, was launched in 2017. India wanted the project to be a "gift" to its neighbours under its Neighbourhood First Policy, hence it was funded by India only.

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