Q. Consider the following statements:
1.Bhutan has joined China’s Belt and Road Initiative (BRI).
2.India is Bhutan’s top trading partner and also the main source of investment.
3.The cooperation between India and Bhutan extends to digital projects like RuPay and BHIM, facilitating financial linkages between the two countries.
How many of the statements given above are correct?
Explanation –
Statement 1 is incorrect. Bhutan has not joined China’s Belt and Road Initiative (BRI). It is the only India’s neighbour that is not a part of BRI.
Statements 2 and 3 are correct. India is Bhutan’s top trading partner and the main source of investment. The two countries share close economic ties, and India plays a significant role in Bhutan’s socio-economic development. India remains Bhutan’s top trading partner and also the main source of investment, accounting for 50% of FDI. There has also been a focus on increasing cooperation in newer areas like space, fintech and e-learning. India and Bhutan have extended their cooperation to digital projects like RuPay and BHIM, facilitating financial linkages between the two countries. The collaboration aims to promote digital financial services and strengthen bilateral economic relations.
Source: The Times of India
