Q. Consider the following statements regarding the European Free Trade Association (EFTA):
1.All European Union nations are currently members of the European Free Trade Association (EFTA).
2.The EFTA Secretariat is located in Geneva.
Which of the statements given above is/are correct?

[A] 1 only

[B] 2 only

[C] Both 1 and 2

[D] Neither 1 nor 2

Answer: B
Notes:

Explanation:

  • Statement 1 is incorrect: EFTA has only four members-Iceland, Liechtenstein, Norway, and Switzerland; EU countries are not all members of EFTA.
  • Statement 2 is correct: The EFTA Secretariat is headquartered in Geneva, Switzerland.

Source- PIB

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