Q. With reference to International North-South Transport Corridor (INSTC), consider the following statements;
1.It is a multi-modal transport corridor that combines road and maritime route alone.
2.The legal framework for the INSTC is provided by a trilateral agreement signed by India, Iran and Russia at the Euro-Asian Conference on Transport.
Which of the statements given above is/are correct?
Answer: B
Notes:
Statement 1 is incorrect: It is a 7,200-km multi-modal transport corridor that combines road, rail and maritime routes connecting Russia and India via Central Asia and Iran. The corridor is expected to consolidate the emerging Eurasian Free Trade Area.
Statement 2 is correct: The legal framework for the INSTC is provided by a trilateral agreement signed by India, Iran and Russia at the Euro-Asian Conference on Transport in 2000.
Source: The Hindu
