Correct option is C
The correct answer is (C) Thimphu, Bhutan
Information booster:
SAARC Development Fund (SDF):
The SAARC Development Fund (SDF) is the financial institution of the South Asian Association for Regional Cooperation (SAARC).
It was established to fund projects and programs that promote regional integration and economic growth among SAARC member states.
- Established: April 2010.
- Headquarters:Thimphu, Bhutan.
- Member Countries: Afghanistan, Bangladesh, Bhutan, India, Maldives, Nepal, Pakistan, and Sri Lanka.
- To promote the welfare of people in the region through social, economic, and infrastructure development.
- Includes cross-border development programs in areas such as renewable energy, women empowerment, and disaster management.
- Projects related to poverty alleviation, health, and education.
SDF plays a crucial role in fostering regional cooperation and addressing developmental challenges in South Asia.