Recently, USA decided to support India's membership in multilateral export control regimes called the 'Australia Group' and the 'Wassenaar Arrangement

Question

Recently, USA decided to support India's membership in multilateral export control regimes called the 'Australia Group' and the 'Wassenaar Arrangement. What is the difference between them?
1. The 'Australia Group' is an informal arrangement which aims to allow exporting countries to minimize the risk of assisting chemical and biological whereas the weapons proliferation, Wassenaar Arrangement' is a formal group under the OECD holding identical objectives. 'Australia Group' comprises
2. The predominantly of Asian, African and North American countries whereas the member countries of 'Wassenaar Arrangement' are predominantly from Union and American the European continents.
Which of the statements given above is/are correct?

Accepted Answer

(D) Neither 1 nor 2

Answer

(A) 1 only

Answer

(B) 2 only

Answer

(C) Both 1 and 2