Impact of Tourism on Health and Social Development
Q. Consider t...
Question
Q. Consider the following statements about the BBIN MVA Initiative:
Select the correct answer using the code given below.
A
1 only
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B
2 and 3 only
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C
1 and 3 only
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D
1, 2 and 3
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Solution
The correct option is A 1 only
Explanation:
Statement 1 is correct: BBIN MVA is a Sub-Regional Motor Vehicle Agreement (MVA) Between Bangladesh, Bhutan, India, and Nepal.
Statement 2 is incorrect: Except for Bhutan, all other countries have ratified the BBIN MVA. Bhutan is concerned about the potential environmental hazards of the project.
Statement 3 is incorrect: The Asian Development Bank (ADB) has been providing technical, advisory, and financial support to the BBIN MVA initiative as part of its assistance to the South Asia Subregional Economic Cooperation (SASEC) program.