Q: 72 (IAS/2010)
question_subject:
Economics
question_exam:
IAS
stats:
0,20,138,39,18,81,20
keywords:
{'european council comprises': [0, 0, 1, 0], 'european commission': [0, 0, 1, 1], 'european council': [0, 0, 1, 0], 'european union': [0, 2, 2, 3], 'bilateral trade negotiations': [0, 0, 1, 0], 'eu': [0, 0, 0, 1], 'european parliament': [0, 0, 1, 0], 'trade negotiations': [0, 0, 1, 0], 'member countries': [0, 3, 1, 13]}
Neither of the statements is correct.
The European Commission is the executive arm of the European Union and is responsible for proposing and implementing legislation, managing EU policies and allocating EU funding. In the context of trade negotiations, the European Commission represents the EU in external trade negotiations, including negotiations with India.
The European Council, on the other hand, is a forum where EU leaders meet to set the EU`s political agenda and priorities. It provides the impetus for policy and decision-making, but does not participate in trade negotiations.
Therefore, the correct option is "Neither 1 nor 2".