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Consider the following statements with reference to the Bangladesh-Bhutan-India-Nepal (BBIN) Connectivity Project:
1. It is completely funded by the South Asian Association for Regional Cooperation (SAARC).
2. It will provide connectivity to both Passenger and the Cargo.
Which of the statements given above is/are correct?
- a)1 only
- b)2 only
- c)Both 1 and 2
- d)Neither 1 nor 2
Correct answer is option 'B'. Can you explain this answer?
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Consider the following statements with reference to the Bangladesh-Bhu...
Statement 1: The Bangladesh-Bhutan-India-Nepal (BBIN) Connectivity Project is completely funded by the South Asian Association for Regional Cooperation (SAARC).
Statement 2: The BBIN Connectivity Project will provide connectivity to both passengers and cargo.
Explanation:
The Bangladesh-Bhutan-India-Nepal (BBIN) Connectivity Project is a sub-regional initiative aimed at enhancing regional connectivity and cooperation among the four South Asian countries - Bangladesh, Bhutan, India, and Nepal. It aims to improve road connectivity, facilitate trade, and promote tourism and people-to-people exchanges in the region.
Statement 1: The statement is incorrect. The BBIN Connectivity Project is not completely funded by the South Asian Association for Regional Cooperation (SAARC). SAARC is an intergovernmental organization consisting of eight member countries in South Asia, including Bangladesh, Bhutan, India, and Nepal. SAARC promotes regional cooperation in various fields, but it does not fund specific projects like the BBIN Connectivity Project. The funding for the BBIN Connectivity Project is primarily provided by the respective governments of the four countries involved, along with support from other international financial institutions.
Statement 2: The statement is correct. The BBIN Connectivity Project aims to provide connectivity to both passengers and cargo. It focuses on improving road infrastructure, including the construction and upgradation of highways and border crossing points, to facilitate smooth movement of people and goods between the participating countries. This connectivity will benefit not only passengers traveling for various purposes but also enhance trade and economic activities by enabling the efficient movement of goods and services.
In conclusion, statement 1 is incorrect as the BBIN Connectivity Project is not funded by SAARC, and statement 2 is correct as the project aims to provide connectivity to both passengers and cargo. Therefore, the correct answer is option 'B' - 2 only.
Statement 2: The BBIN Connectivity Project will provide connectivity to both passengers and cargo.
Explanation:
The Bangladesh-Bhutan-India-Nepal (BBIN) Connectivity Project is a sub-regional initiative aimed at enhancing regional connectivity and cooperation among the four South Asian countries - Bangladesh, Bhutan, India, and Nepal. It aims to improve road connectivity, facilitate trade, and promote tourism and people-to-people exchanges in the region.
Statement 1: The statement is incorrect. The BBIN Connectivity Project is not completely funded by the South Asian Association for Regional Cooperation (SAARC). SAARC is an intergovernmental organization consisting of eight member countries in South Asia, including Bangladesh, Bhutan, India, and Nepal. SAARC promotes regional cooperation in various fields, but it does not fund specific projects like the BBIN Connectivity Project. The funding for the BBIN Connectivity Project is primarily provided by the respective governments of the four countries involved, along with support from other international financial institutions.
Statement 2: The statement is correct. The BBIN Connectivity Project aims to provide connectivity to both passengers and cargo. It focuses on improving road infrastructure, including the construction and upgradation of highways and border crossing points, to facilitate smooth movement of people and goods between the participating countries. This connectivity will benefit not only passengers traveling for various purposes but also enhance trade and economic activities by enabling the efficient movement of goods and services.
In conclusion, statement 1 is incorrect as the BBIN Connectivity Project is not funded by SAARC, and statement 2 is correct as the project aims to provide connectivity to both passengers and cargo. Therefore, the correct answer is option 'B' - 2 only.
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Consider the following statements with reference to the Bangladesh-Bhutan-India-Nepal (BBIN) Connectivity Project:1. It is completely funded by the South Asian Association for Regional Cooperation (SAARC).2. It will provide connectivity to both Passenger and the Cargo.Which of the statements given above is/are correct?a)1 onlyb)2 onlyc)Both 1 and 2d)Neither 1 nor 2Correct answer is option 'B'. Can you explain this answer?
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