With reference to the 'Indian Ocean Rim Association for Regional Cooperation (IOR- ARC)', consider the following statements:
1. It was established very recently in response to incidents of piracy and accidents of oil spills.
2. It is an alliance meant for maritime security only.
Which of the statements given above is/are correct?
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A.
1 only
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B.
2 only
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C.
Both 1 and 2
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D.
Neither 1 nor 2
Correct Answer:
D. Neither 1 nor 2
Explanation:
The correct analysis of the statements about the Indian Ocean Rim Association for Regional Cooperation (IOR-ARC) is:
It was not established very recently, nor solely in response to piracy and oil spills. The IOR-ARC was established in March 1997, with origins going back to the Indian Ocean Rim Initiative in 1995, aiming at broader economic cooperation and regional development.
It is not an alliance meant solely for maritime security. While maritime security is one of its priority areas, IORA also focuses on trade facilitation, investment, fisheries management, disaster risk reduction, academic and scientific cooperation, and tourism promotion.
Hence, both statements are incorrect.
The correct answer is (d) Neither 1 nor 2.
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