Explanation:

India is hosting the 44th edition of the coveted annual ISO COPOLCO Plenary from 23-26 May 2023 in New Delhi.

About ISO Committee on Consumer Policy (COPOLCO) Plenary

• This event is being organized by the Bureau of Indian Standards (BIS), the national standards body of India.

• It is anticipated that the ISO COPOLCO Plenary is an event that has a significant impact on the global economy and on the lives of people.

• ISO COPOLCO is reckoned as the major international event that brings together representatives from ISO member countries to discuss and develop strategies for accelerating the development of standards for the world.

What is Committee on Consumer Policy?

• It is a committee of the International Organization for Standardization (ISO) responsible for promoting consumer interests in the standardization process and for ensuring that standards are developed with the needs of consumers in mind.

• COPOLCO members are ISO members.

Objectives:

• To study means of helping consumers to benefit from standardization, and means of improving consumer participation in national and international standardization.

• To provide a forum for the exchange of information on the experience of consumer participation in the development and implementation of standards in the consumer field.

• To advise ISO Council as to the consolidated viewpoints of consumers on matters relevant to ISO's current and potential standardization and conformity assessment work.

• To advise ISO Council on the need for new or revised policies or actions within ISO as they relate to consumers' needs.

Note: International Standards Organisation (ISO) is an independent, non-governmental international organization made up of members from the national standards bodies of 168 countries.

Hence both statements are correct.