Consider the following statements regarding Organisation for Economic Co operation and Development n...........

International Affairs United Nations

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Consider the following statements regarding Organisation for Economic Co-operation and Development (OECD)-

It is an United Nations body which aims to stimulate world trade and economic progress.
India is not a permanent member of OECD.
Headquarter of the organisation is in Paris.

Which of the above statements is/are correct?

1 and 2 only

2 and 3 only

1,2 and 3

1 and 3 only

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Explanation:

The Organisation for Economic Co-operation and Development (OECD) is an international, intergovernmental economic organization of 34 countries. OECD was founded in the year 1961 to stimulate world trade and economic progress.

OECD is an official United Nations (UN), observer member

India has decided against becoming a member of OECD but it is talking to the Paris-based body for expanding sectoral engagement. At present, India is only a member of various committees of the 34-member organisation..