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:
In recent India–Maldives bilateral developments, the first two statements are correct, while the third statement is incorrect.
The first statement is correct because during President Solih’s visit to India in 2018, India announced a financial assistance package of around USD 1.4 billion to Maldives.
The second statement is also correct as the 6th Joint Commission Meeting (2019) included MoUs between the Financial Intelligence Units (FIUs) of both countries.
The third statement is incorrect because there is no such confirmed agreement in 2020 regarding mutual support in climate risk insurance for island territories.
Key Points:
India and Maldives share strong bilateral relations
Joint Commission Meetings help strengthen cooperation
India provides financial and developmental assistance to Maldives
Additional Facts:
Maldives is an important partner under India’s Neighbourhood First policy
Both countries cooperate in maritime security and climate change issues
FIU agreements help in combating financial crimes
Important Questions:
Q1: Maldives is part of which Indian policy?
Ans: Neighbourhood First
Q2: What does JCM stand for?
Ans: Joint Commission Meeting
Q3: In which areas does India assist Maldives?
Ans: Development, financial aid, and maritime security