With reference to the Arms Trade Treaty, which has entered into force in 2014, consider the following statements: 1. This treaty seeks to set up an international agency that will control the availability of arms and ammunition around the world 2. This treaty seeks to regulate conventional arms within and outside the domestic territory of member countries Which among the above is / are correct statements?

Answer: [D] Neither 1 nor 2

This question is a part of GKToday's Integrated IAS General Studies Module