Q. With reference to the ' BBIN Corridor - Motor Vehicle Agreement', consider the following statements:
Which of the statements given above is/are correct?
A
1 only
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B
2 only
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C
Both 1 and 2
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D
Neither 1 nor 2
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Solution
The correct option is D Neither 1 nor 2
Explanation:
Statement 1 is incorrect: BBIN Corridor - Motor Vehicle Agreement is funded by Asian Development Bank to improve regional connectivity for the socio-economic development of Bangladesh, Bhutan, India, and Nepal.
Statement 2 is incorrect: Due to Bhutan’s concern over the environmental hazard of this BBIN project, it didn’t accept the BBIN agreement.