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?
Show answer & explanation
Correct answer: B
Explanation
Correct Answer:
Only 1 and 2
Explanation:
Statement 1 is correct because in 2018, during President Solih’s visit to India, India announced a financial assistance package of around USD 1.4 billion to Maldives, reflecting strong economic cooperation between the two countries.
Statement 2 is also correct because the 6th Joint Commission Meeting (JCM) in 2019 included several agreements, including MoUs between the Financial Intelligence Units (FIUs) of India and Maldives.
Statement 3 is incorrect because there is no verified bilateral agreement in 2020 specifically on climate risk insurance support for island territories between India and Maldives.
Hence, the correct answer is Only 1 and 2.
Key Points:
India announced major financial assistance to Maldives in 2018.
FIU cooperation MoUs were signed during the 2019 JCM.
The 2020 climate risk insurance claim is not correct.
Additional Facts:
India–Maldives relations are based on maritime security and development cooperation.
Maldives is an important part of India’s Neighbourhood First policy.
Both countries maintain strong economic and strategic ties.
Important Questions:
Q1: Maldives is part of which Indian foreign policy focus?
Ans: Neighbourhood First Policy
Q2: What does JCM stand for?
Ans: Joint Commission Meeting
Q3: India–Maldives relations are mainly based on what?
Ans: Maritime security and development cooperation