Current Affairs · International Labour Standards and Trade
Consider the following statements regarding India's labour policies and trade conventions: Statement I: India has ratified key International Labour Organization (ILO) conventions on forced labour (Conventions No. 29 and No. 105) and maintains that its legal framework aligns with global standards. Statement II: India's merchandise export-to-GDP ratio makes it the world's most export-dependent economy, exceeding all major emerging markets. Which one of the following is correct in respect of the above statements?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1Statement I is incorrect, but Statement II is correct.
- 2Statement I is correct, but Statement II is incorrect.✓
- 3Both Statement I and Statement II are correct, but Statement II is not the correct explanation for Statement I.
- 4Both Statement I and Statement II are correct, and Statement II is the correct explanation for Statement I.
Correct answer
Statement I is correct, but Statement II is incorrect.
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