Consider the following statements about Mercosur, which was in news recently 1. Mercosur is a sub-regional block of South American countries, Established in 199 1. 2. At present, it is a full customs union and a trading bloc. Its full members are Argentin

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Q: 6 (Current Affairs-DEC/2016)
Consider the following statements about Mercosur, which was in news recently
1. Mercosur is a sub-regional block of South American countries, Established in 199
1.
2. At present, it is a full customs union and a trading bloc. Its full members are Argentina, Brazil, Paraguay, Uruguay and Venezuela.
Which of the above statements is/are correct?

question_subject: 

Current Affairs

stats: 

0,56,107,56,12,88,7

keywords: 

{'mercosur': [0, 1, 0, 1], 'full customs union': [0, 0, 0, 1], 'south american countries': [0, 0, 0, 1], 'venezuela': [0, 0, 0, 1], 'uruguay': [0, 0, 1, 3], 'paraguay': [0, 0, 1, 4], 'argentina': [2, 0, 15, 12], 'brazil': [0, 0, 1, 0], 'trading bloc': [0, 0, 0, 1], 'full members': [0, 0, 0, 1]}