Q. With reference to World Economic Forum (WEF) consider the following statements:
1. It does not have power on its own to make decisions but it influences business policy and political decisions.
2. It’s headquartered at New York.
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: A
Notes:

Statement 1: World Economic Forum (WEF) does not have power on its own to make decisions but it has power and influences business policy and political decisions.

Statement 2: The statement is incorrect. It’s headquartered at Geneva, Switzerland. Source: https://www.thehindu.com/news/cities/Hyderabad/world-economic-forum-recognition-for-dr-reddys-plant/article65996193.ece