Map Work

Geography

Title

45:30

Video Progress

8 of 24 completed

Notes Progress

5 of 15 completed

MCQs Progress

38 of 100 completed

Subjective Progress

8 of 20 completed

Continue to Next Topic

Indian Economy - Understanding the basics of Indian economic system

Download Solution PDF

Consider the following statements

Paraguay is a landlocked country in south-central South America.
Paraguay is a member of MERCOSUR.
India has a free trade agreement with MERCOSUR.

Select the correct statement.

1&2 only

2&3 only

1&3 only

All of the above

Explanation:

Paraguay is a landlocked country in south-central South America.

Rivers provide access to the Atlantic Ocean and serve as sites for the hydroelectric power plants that have made Paraguay one of the world’s largest exporters of hydropower.
Paraguay is a member of MERCOSUR.
The Southern Common Market (MERCOSUR for its Spanish initials) is a regional integration process, initially established by Argentina, Brazil, Paraguay, and Uruguay, and subsequently joined by Venezuela and Bolivia.
India has a preferential trade agreement with MERCOSUR.
It had set up its mission in Delhi in 2006.

Hence only statements 1&2 are correct.

By: Shubham Tiwari

Profile ResourcesReport error