Q- Consider the following statements with regard to the BBIN MVA Motor Vehicle Agreement Initiative-1- It aims to enable movement of passenger and cargo vehicles across borders among the four BBIN Bangladesh- Bhutan- India and Nepal countries-2- The Asian Development Bank ADB has been providing technical- advisory- and financial support to the BBIN MVA initiative-3- Bhutan is reluctant to join the initiative due to internal security concerns-Which of the statements given above is-are correct-

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Q. Consider the following statements with regard to the BBIN MVA (Motor Vehicle Agreement) Initiative:
Which of the statements given above is/are correct?

1 and 2 only

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2 and 3 only

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1 and 3 only

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1, 2 and 3

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Solution

The correct option is A
1 and 2 only
Explanation:

Statement 1 is correct: Bangladesh, Bhutan, India and Nepal (BBIN) had signed a framework MVA to enable movement of passenger and cargo vehicles across borders among the four countries.

Statement 2 is correct: 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.

Statement 3 is incorrect: Bhutan is reluctant to join the initiative due to environmental concerns.

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Q. Consider the following statements with regard to the BBIN MVA (Motor Vehicle Agreement) Initiative: Which of the statements given above is/are correct?

Q. Consider the following statements with regard to the BBIN MVA (Motor Vehicle Agreement) Initiative:
Which of the statements given above is/are correct?