Consider the following statements about the Automatic Information Exchange Pact (AIEP) under which India received its first tranche of Swiss Bank Account details.nI. This pact is a major milestone in the Indian government’s fight against the black money and it was established in 2017.nII. India now is among 30 countries with which the Switzerland Federal Tax Administration (SFTA) has exchanged information.nIII. The next exchange of information will take place on January 2020.nWhich of the statements above is/are correct?

Consider the following statements about the Automatic Information Exch

1.	Consider the following statements about the Automatic Information Exchange Pact (AIEP) under which India received its first tranche of Swiss Bank Account details.nI. This pact is a major milestone in the Indian government’s fight against the black money and it was established in 2017.nII. India now is among 30 countries with which the Switzerland Federal Tax Administration (SFTA) has exchanged information.nIII. The next exchange of information will take place on January 2020.nWhich of the statements above is/are correct?
A.	I only
B.	II and III
C.	I and III
D.	All of the above
Answer» B. II and III