Q. Consider the following statements about Vatican City:
1.It is an independent country but not sovereign.
2.Its coast is washed by the Mediterranean Sea.
3.It has one of the highest income tax rates among nations around the world.
How many of the above statements are correct?
Answer: D
Notes:
Explanation: All Statements are incorrect.
Statements 1 and 2 are incorrect: It is the smallest sovereign country in the world, covering about 44 hectares (110 acres). It is landlocked within Rome, Italy, and became independent from Italy with the signing of the Lateran Treaty in 1929.
Statement 3 is incorrect: It is governed by the Pope, who holds supreme authority over all branches of government; it operates independently, with its own postal system, financial structure, and no income tax.
Source: TOI
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