Correct option is B
(B) Act East Policy - Narasimha Rao and (C) Neighbourhood First Policy - Narendra Modi are correctly matched. The "Act East Policy" was initiated by Prime Minister Narasimha Rao in the 1990s to strengthen economic and strategic ties with Southeast Asian countries. The "Neighbourhood First Policy" is an initiative of Prime Minister Narendra Modi, emphasizing stronger ties with India's neighboring countries. However, (A) SAARC - Kathmandu is correct as Kathmandu is the headquarters of SAARC, but (D) Asian Infrastructure Investment Bank - Kuala Lumpur is incorrect since its headquarters is in Beijing, not Kuala Lumpur.
Information Booster:
1. SAARC (South Asian Association for Regional Cooperation) was established in 1985 with headquarters in Kathmandu, Nepal.
2. The Act East Policy aimed to improve economic and strategic relations with East and Southeast Asia.
3. Neighbourhood First Policy focuses on India's immediate neighbors for regional cooperation and strategic importance.
4. The Asian Infrastructure Investment Bank (AIIB) was established in 2016 and is headquartered in Beijing, China.