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Prelims 2024 · Q59 · Trade & WTO

Consider the following statements :

  1. 1.India is a member of the International Grains Council.
  2. 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 ?

Show answer

Answer: A. Statement 1 is correct: India is a member of the International Grains Council, a London-based body under the Grains Trade Convention, 1995. Statement 2 is wrong: membership is not needed to export or import rice or wheat; many trading countries are not members. So 1 only.

Watch for: Statement 2 makes the IGC sound like a licensing body; it is only a forum for cooperation and market information.

Why the other options are wrong
  • B. Wrong because grain trade does not require IGC membership.
  • C. Wrong because Statement 2 is false.
  • D. Wrong because India is a member of the IGC.

Source to check: International Grains Council official website (igc.int, 'About' and member list); Grains Trade Convention, 1995

Answer from the official UPSC key. Written and fact-checked by AI against the official key. Spotted a mistake? Report it.