In which of the following Regional blocs India is the member nation?
Answer & explanation
Correct answer: option 1
The correct answer is Option (1) → SAFTA
SAFTA (South Asian Free Trade Agreement) : Bangladesh, Maldives, Bhutan, Nepal, India, Pakistan and Sri Lanka.
ASEAN (Association of South East Asian Nations): Brunei Darussalam, Cambodia, Indonesia, Laos, Malaysia, Myanmar, Philippines, Singapore, Thailand and Vietnam
OECD (The Organisation for Economic Co-operation and Development): 38 members and India is not a part of it.
OPEC (Organisation of Petroleum Exporting Countries: Algeria, Indonesia, Iran, Iraq, Kuwait, Libya, Nigeria, Qatar, Saudi Arabia, U.A.E. and Venezuela