Q. Consider the following statements regarding International Air Transport Association (IATA)
1. It is a trade association for the world’s airlines.
2. It is headquartered in Montreal, Quebec, Canada.
Which of the above statements is/are incorrect?

[A] 1 only

[B] 2 only

[C] Both 1 and 2

[D] Neither 1 nor 2

Answer: D
Notes:

Both the statements are correct 

About IATA: 

  • International Air Transport Association(IATA) is a trade association for the world’s airlines. 
  • It represents some 290 airlines primarily major carriers, representing 117 countries, accounting for 82% of total air traffic. 
  • It was established in April 1945 and is a successor to International Air Traffic Association established in 1919. 
  • It is headquartered in Montreal, Quebec, Canada. 

Read more: International Air Transport Association (IATA) 

Source: Business Standard