40th B.P.S.C. (Pre) 1995
What is the full form of SAPTA?
aSouth Asia Preferential Trade Agreement
bSAARC Preferential Trading Arrangement✓ Correct
cSouth Asia Preferential Trade Agency
dNone of the above
Explanation
As a result of an agreement signed on 11 April 1993, SAPTA (SAARC Preferential Trading Arrangement: SAPTA) came into existence and became effective from 7 December 1995. From 1 January 2006, SAFTA (South Asian Free Trade Area) came into force.
economic-social-development