Q.SAARC meets once in __________ years.

SAARC meets once in two years — option (a).

In the Tamil Nadu HSC Class-12 Economics syllabus (International Economic Organisations), the South Asian Association for Regional Cooperation (SAARC), formed in 1985, is the regional grouping of South Asian nations. As stated in th …

North Korea does not come under the six dialogue partners of ASEAN.

The Association of Southeast Asian Nations (ASEAN) is a regional economic organisation that maintains formal relations with several external countries known as its dialogue partners. As listed in the syllabus, its major dialogue partners include India, China, Japan, along with others in the Asia-Pacific region.

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BENELUX is a customs union, so option (c) is correct.

In the regional-economic-integration topic of the Tamil Nadu HSC Commerce syllabus, forms of economic integration range from a free-trade area, to a customs union, common market and economic union.

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The New Development Bank is the BRICS bank, so option (b) is correct.

The New Development Bank (NDB) was established in 2014 by the BRICS countries — Brazil, Russia, India, China and South Africa — with its headquarters in Shanghai. It funds infrastructure and sustainable development projects in the member and other emergi …