Edible Oil Trade associations from five palm oil importing countries in South Asia – India, Pakistan, Sri Lanka, Bangladesh, and Nepal, announced the setting up of: ____________?

Question

Accepted Answer

Asian Palm Oil Alliance (APOA). B is correct because the group formed an Asian Palm Oil Alliance. A is incorrect because the name given was not South Asian Palm Oil Alliance (SAPOA). C is incorrect because the alliance specifically relates to palm oil, not general oils. D is incorrect because the specific regional focus mentioned points to a more defined body than just 'Asian Oil Alliance'.