Consider the following statements regarding recent India-Maldives bilateral developments: 1. India announced a financial assistance package of USD 1.4 billion to Maldives during President Solih's 2018 visit. 2. The 6th Joint Commission Meeting (JCM) in 2019 included signing MoUs between the Financial Intelligence Units (FIUs) of both countries. 3. In 2020, India and Maldives signed an agreement for mutual support in climate risk insurance for island territories. Which of the above statements is/are correct?
Only 1 and 2
Only 1 and 2 is correct.
Statement 1 is correct: during President Ibrahim Mohamed Solih's state visit to India in December 2018, India announced a financial assistance package of USD 1.4 billion for the Maldives in the form of budgetary support, currency swap and concessional lines of credit.
Statement 2 is correct: the 6th India–Maldives Joint Commission Meeting, co-chaired by S. Jaishankar and Abdulla Shahid in New Delhi on 13 December 2019, saw the signing of MoUs including one between the Financial Intelligence Units of the two countries and one between their election commissions.
Statement 3 is incorrect: no agreement on mutual climate risk insurance for island territories was signed between India and the Maldives in 2020. So only statements 1 and 2 are correct.
Similar Questions
In which year was the Simla Pact between India and Pakistan signed?
In 2018, with which country did India sign a pact to deepen their cooperation in the filed of environment while affirming their commitment to lead the fight against climate change?
Consider the following statements about the 6th ASEAN-India Trade in Goods Agreement (AITIGA) Joint Committee:
1) All 10 ASEAN countries participated, and all 8 Sub-Committees met physically in New Delhi.
2) The review was preceded by high-level meetings in Laos urging completion by 2025.
3) ASEAN became India's largest trading partner with USD 121 billion in 2023-24.
Which of the above statements is/are correct?
Read the below statements marked as Assertion (A) and Reason (R).
Assertion (A): The Union Cabinet approved a MoU allowing India to withdraw 1.82 cusecs of water from the Feni River for Sabroom town in Tripura.
Reason (R): Sabroom town already receives sufficient groundwater supply with low iron content.
Mark the correct option:
What was the immediate outcome of Pakistan's objection to the SAARC Motor Vehicle Agreement in 2014?
What is the significance of India's 10-year agreement with Iran regarding Chabahar Port?
What is the primary goal of a bilateral trade agreement?
Examine the statements below and select the most appropriate option.
Assertion (A): India and Chile's signing of the CEPA Terms of Reference in May 2025 signified a strategic move beyond the underperforming Preferential Trade Agreement (PTA).
Reason (R): The April 2024 Joint Study Group recommended a broader CEPA to boost cooperation in digital services, critical minerals, and MSMEs.
Important Questions from Agreements and MoU
Which of the following organizations has tied up with GIFT City to offer courses in insurance, reinsurance, risk management and technology?
India and _______ have signed a memorandum on cooperation and assistance in the Mumbai - Ahmedabad High Speed Rail Project.
Arab world's first universal museum opened in November 2017 was based on an intergovernmental agreement between _________.
Which banking entity was declared a domestic-systemically important bank (D-SIB) by the Reserve Bank of India on September 4, 2017?
An agreement for a cultural exchange program for the year 2017-2020 was signed between ______ in May 2017.
