| Recently, the USA decided to support India's membership in multi-lateral export control regimes called the 'Australia Group' and the 'Wassenaar Arrangement'. What is difference between them? |
| 1. The 'Australia Group' is an informal arrangement which aims to allow exporting countries to minimise the risk of assisting chemical and biological weapons proliferation, whereas the 'Wassenaar Arrangement' is a formal group under the OECD holding identical objectives. |
| 2. The 'Australia Group' comprises predominantly of Asian, African and North American countries whereas the member countries of 'Wassenaar Arrangement' a predominantly from the European Union and American continents. |
| Which of the statement(s) given above is/are correct? |
A) Only 1
B) Only 2
C) Both 1 and 2
D) Neither 1 nor 2
Correct Answer: D
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