Which of the following statement is correct regarding Council of Ministers (COM) of Indian Ocean Rim Association?
I. It is the highest decision-making body of the Organisation.
II. It comprises of the Minister of Finance of all member states.
Show answer & explanation
Correct answer: A
Explanation
The correct answer is Option 1: Only I.
Explanation:
- The Indian Ocean Rim Association (IORA) is an intergovernmental organization aimed at promoting economic cooperation and regional integrity among the countries of the Indian Ocean region.
- Statement I is correct: The Council of Ministers (COM) is the apex decision-making body of IORA. It meets annually to make decisions regarding the organization's policies, progress, and the admission of new member states.
- Statement II is incorrect: The Council of Ministers comprises the Foreign Ministers—not the Finance Ministers—of the member states. This Council is responsible for determining the organization's priorities and giving final approval to areas of cooperation.
Key Facts Related to IORA (Quick Revision):
- As you prepare for exams such as SSC CGL, RRB, and other examinations based on international relations, these points are highly important for you:
- Establishment: March 1997.
- Headquarters (Secretariat): Ebene, Mauritius.
- Member States: Currently, it has 23 member states (India is a founding member) and 12 Dialogue Partners.
- Key Priorities: Maritime Security, Trade and Investment Facilitation, Fisheries Management, Disaster Risk Management, and the Blue Economy.
Important Questions for Upcoming Exams:
Question: In which country is the IORA Secretariat located?
Answer: Mauritius.
Question: What is the tenure of the IORA Chairmanship?
Answer: 2 years.
Question: When is 'Indian Ocean Rim Day' observed?
Answer: March 7 (Foundation Day).