Quebec-equivalent diploma or Foreign diploma covered by Mutual Recognition Agr.?

[nevillek]

Friends, I have a Bachelors+Masters in Commerce from India

I have a slight confusion in Q.4. of the Application for Selection Certificate:

Are you the holder of one or several of the following diplomas:

1) Quebec diploma
2) Canadian diploma
3) Diploma or training recognized as equivalent by a Quebec regulatory body
4) Foreign diploma covered by a Mutual Recognition Agreement (ARM)

Is it No.3 or No.4? Please suggest. Thanks!