Multiple choice

Which of the following is the trade agreement among SAARC member countries which came into effect from January 2006?

  1. SCUBA

  2. SAFTA

  3. ASEAN

  4. ASSOCHAM

  5. None of these
Reveal answer Fill a bubble to check yourself
B Correct answer
Explanation

SAFTA (South Asian Free Trade Area) is the correct trade agreement among SAARC nations that came into effect from January 2006. It was signed in 2004 to promote trade and economic cooperation in South Asia by reducing tariffs and trade barriers. SCUBA is a diving term, ASEAN includes Southeast Asian nations, and ASSOCHAM is an Indian industry association.

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