UPSC Previous Year Question | Prelims GS | 2024

Consider the following statements: 1. India is a member of the International Grains Council. 2. A country needs to be a member of the International Grains Council for exporting or importing rice and wheat. Which of the statements given above is/are correct?

  1. 1 only
  2. 2 only
  3. Both 1 and 2
  4. Neither 1 nor 2

Answer

Correct Answer

1 only

Explanation

Statement 1 is correct: India is a member of the International Grains Council, an intergovernmental body concerned with cooperation and transparency in the international grains market. Statement 2 is incorrect. Membership of the Council is not a prerequisite for a country to export or import rice or wheat; international grain trade is not restricted exclusively to its members. Therefore, only statement 1 is correct.

Topics: indian economy, international grains council, international trade, membership and grain trade