Q. With reference to European Free Trade Association (EFTA) consider the following statements:
1.It is a regional trade organization.
2.Germany is the member country of EFTA.
3.EFTA companies are world leaders in pharmaceuticals.
Which of the statements given above are correct?

[A] 1 and 2 only

[B] 2 and 3 only

[C] 1 and 3 only

[D] 1, 2 and 3

Answer: C

Explanation –

Statement 1 and 3 are correct. EFTA is a regional trade organization. EFTA companies are world leaders in pharmaceuticals, biotechnology, machinery manufacturing, etc.

Statement 2 is incorrect. EFTA include four countries – Iceland, Liechtenstein, Norway and Switzerland.

Source: ForumIAS