Which of the following statements are correct for SAFTA?
(A) Fairly stable and peaceful.
(B) Free trade zone for the whole of South Asia.
(C) Sino-India relations improved.
(D) Lowering Trade Tariffs.

Choose the correct answer from the options given below :
(1) (B), (C) only
(2) (A), (B) only
(3) (B), (D) only
(4) (D), (C) only

3

The South Asian Free Trade Area (SAFTA) is an agreement among the South Asian Association for Regional Cooperation (SAARC) member countries to promote regional trade and economic cooperation. Among the given options:

(A) Fairly stable and peaceful: This statement is not directly related to SAFTA, which is primarily an economic trade agreement. The stability and peace in the South Asian region can vary over time and are influenced by various factors.
(B) Free trade zone for the whole of South Asia: This statement is correct. SAFTA aims to create a free trade area among the SAARC member countries in South Asia.
(C) Sino-India relations improved: SAFTA is not directly related to Sino-India relations, so this statement is not related to SAFTA.
(D) Lowering Trade Tariffs: This statement is correct. One of the objectives of SAFTA is to reduce trade barriers and tariffs among member countries to promote trade and economic integration.

So, the correct answer is (3) (B), (D) only, as these statements directly relate to SAFTA and its objectives.