Consider the following statements 1 Asia Pacific Economic Forum APEC is an economic groupings of cou...........

International Affairs APEC

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Consider the following statements:

1.Asia Pacific Economic Forum (APEC) is an economic groupings of countries surrounding pacific ocean including India.

2.Recently Pacific Ocean Alliance is started as an initiative by APEC to capitalize the under explored ocean economy.

Which of the statements given above is/are correct?

1 only

2 only

Both 1 and 2

Neither 1 nor 2

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Explanation:

"Asia Pacific Economic Forum (APEC) is an economic grouping of countries surrounding the Pacific Ocean including India."

This statement is incorrect. India is not a member of the Asia-Pacific Economic Cooperation (APEC), which is a forum for 21 Pacific Rim countries that promotes free trade throughout the Asia-Pacific region.

"Recently Pacific Ocean Alliance is started as an initiative by APEC to capitalize the under-explored ocean economy."

there was no widely recognized initiative known as the "Pacific Ocean Alliance" started by APEC. APEC engages in various initiatives and collaborations, but this specific initiative was not recognized as one of them.

Given these points, the correct option is:

Neither 1 nor 2.