Q. With reference to the India-Pakistan Trade relations, which of the following statements are correct?

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1 only

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2 only

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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 D Neither 1 nor 2
Explanation:

Statement 1 is incorrect: Bilateral trade relations between the two countries have been inconsistent but in general, bilateral trade has increased in the 21st century.

Statement 2 is incorrect: After the Pulwama Attack, India suspended the MFN tag for Pakistan in 2019. Pakistan never accorded MFN tag to India, citing security reasons.

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