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With reference to the BIMSTEC (Bay of Bengal Initiative for Multi-Sectoral Technical and Economic Cooperation), consider the following statements:
1. It is an economic bloc that came into being in June 1997 through the Bangkok Declaration.
2. It was initially formed with four member states- Bangladesh, India, Sri Lanka and Nepal.
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 'A'. Can you explain this answer?
Most Upvoted Answer
With reference to the BIMSTEC (Bay of Bengal Initiative for Multi-Sect...
PM Modi attended the 5th BIMSTEC (Bay of Bengal Initiative for Multi-Sectoral Technical and Economic Cooperation) Summit through a video conference.
  • It is an economic bloc that came into being in June 1997 through the Bangkok Declaration.
  • Its aim is to counter the onslaught of globalisation by accelerating regional growth through mutual cooperation by utilising regional resources and geographical advantages.
  • BIMSTEC was initially formed with four member states- Bangladesh, India, Sri Lanka and Thailand on June 6, 1997.
  • Nepal became an observer state in 1998 and became full-time member of the bloc along with Bhutan in February 2004.
Hence only statement 1 is correct.
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With reference to the BIMSTEC (Bay of Bengal Initiative for Multi-Sectoral Technical and Economic Cooperation), consider the following statements:1. It is an economic bloc that came into being in June 1997 through the Bangkok Declaration.2. It was initially formed with four member states- Bangladesh, India, Sri Lanka and Nepal.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 'A'. Can you explain this answer?
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With reference to the BIMSTEC (Bay of Bengal Initiative for Multi-Sectoral Technical and Economic Cooperation), consider the following statements:1. It is an economic bloc that came into being in June 1997 through the Bangkok Declaration.2. It was initially formed with four member states- Bangladesh, India, Sri Lanka and Nepal.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 'A'. Can you explain this answer? for UPSC 2024 is part of UPSC preparation. The Question and answers have been prepared according to the UPSC exam syllabus. Information about With reference to the BIMSTEC (Bay of Bengal Initiative for Multi-Sectoral Technical and Economic Cooperation), consider the following statements:1. It is an economic bloc that came into being in June 1997 through the Bangkok Declaration.2. It was initially formed with four member states- Bangladesh, India, Sri Lanka and Nepal.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 'A'. Can you explain this answer? covers all topics & solutions for UPSC 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for With reference to the BIMSTEC (Bay of Bengal Initiative for Multi-Sectoral Technical and Economic Cooperation), consider the following statements:1. It is an economic bloc that came into being in June 1997 through the Bangkok Declaration.2. It was initially formed with four member states- Bangladesh, India, Sri Lanka and Nepal.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 'A'. Can you explain this answer?.
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