Question

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

Select the correct answer using the code below:

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

Answer 1

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, the bilateral trade has increased in the 21st century.

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