Global Governance

Consider the following statements relating to India's positions and engagements in key multilateral forums:

I. India is a founding member of the World Trade Organization (WTO), having been a GATT contracting party since 1948 and automatically becoming a WTO member on its establishment in 1995.

II. India is a member of the G20 but not a member of the G7, as the G7 is restricted to the world's seven largest advanced economies — India, despite being one of the largest economies by GDP, is classified as an 'emerging market economy'.

III. India has ratified the Paris Agreement on climate change and submitted its Nationally Determined Contribution (NDC), committing to achieve about 50% cumulative electric power installed capacity from non-fossil fuel based energy resources by 2030.

IV. India is the only country in the world to have voluntarily developed and then completely dismantled a nuclear weapons programme.

Which of the statements given above are correct?