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India is an associate member of ____________.
Question

India is an associate member of ____________.

A.

ASEAN

B.

NAFTA

C.

SAFTA

D.

LAIA

Correct option is C

The correct answer is (C) SAFTA.

Explanation:
India is a member of SAFTA (South Asian Free Trade Area), a trade bloc that aims to promote economic cooperation among South Asian countries.

Information Booster:

  • SAFTA Agreement Date:January 6, 2004.
  • Member Countries:India, Pakistan, Bangladesh, Sri Lanka, Nepal, Bhutan, Afghanistan, Maldives.
  • Objective: To reduce tariffs and boost trade among South Asian countries.
  • Minister:Piyush Goyal, the current Minister of Commerce and Industry.

Other Options Explanation:

  • ASEAN:India is a dialogue partner, not an associate member of ASEAN.
  • NAFTA:India is not part of NAFTA(North American Free Trade Agreement).
  • LAIA:India is not a member of LAIA(Latin American Integration Association).

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