Which of the following statements about the Gulf Cooperation Council (GCC) and India-GCC relations is/are incorrect?
1. The Gulf Cooperation Council (GCC) was established in 1981 with its headquarters in Abu Dhabi, UAE.
2. The UAE is the 5th largest source of Foreign Direct Investment (FDI) in India.
Select the correct option using the code given below:
1
Only 1
2
Only 2
3
Both 1 and 2
4
Neither 1 nor 2