Q. Consider the following statements regarding QUAD
1. It is a formal grouping which meets in 2+2 format
2. It includes India, Japan, Australia, USA
3. Malabar exercise is conducted under the aegis of QUAD
Which of the above statements is/are correct?

[A] 2 only

[B] 1 only

[C] 2 and 3 only

[D] 1 and 2 only

Answer: A
Notes:

QUAD: 

Statement 1 is incorrect–It is an informal group and it does not include defence ministers meeting 

Statement 2 is correct 

Statement 3 is incorrect —Malabar exercise is standalone exercise and not linked to Quad. It is an annual trilateral naval exercise between the navies of India, Japan, and the USA which is held alternately in the Indian and Pacific Oceans. 

Source: Hindustan Times