The International Energy Agency
- has its headquarters in Paris
- is established in the framework of Organisation for Economic Cooperation and Development
- has India as a member
Which of the above statements are true?
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1 and 2
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2 and 3
-
1 and 3
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All three
A
Correct answer
Explanation
The International Energy Agency is a Paris-based autonomous intergovernmental organization established in the framework of the Organisation for Economic Co-operation and Development (OECD) in 1974 in the wake of the 1973 oil crisis. The IEA was initially dedicated to responding to physical disruptions in the supply of oli as well as serving as an information source on statistics about the international oil market and other energy sectors. India is a non-member state, but IEA does serve as a policy advisor to India.