Q. Consider the following statements regarding “Permanent Court of Arbitration”:
1.It is an intergovernmental organization located at The Hague, Netherlands.
2.It was the first permanent intergovernmental organization to provide a forum for the resolution of international disputes through arbitration and other peaceful means.
Which of the statements given above is/are correct?

[A] 1 only

[B] 2 only

[C] Both 1 and 2

[D] Neither 1 nor 2

Answer: C
Notes:

Explanation: Permanent Court of Arbitration is an intergovernmental organization located at The Hague, Netherlands.

  • It was the first permanent intergovernmental organization to provide a forum for the resolution of international disputes through arbitration and other peaceful means.
  • It provides services of arbitral tribunal to resolve disputes between member states, international organizations, or private parties arising out of international agreements.
  • The cases span a range of legal issues involving territorial and maritime boundaries, sovereignty, human rights, international investment, and international and regional trade.

Source: FORUMIAS