Q:
SAARC Development Fund Headquarters are located in which country?
Answer & Explanation
Answer: C) Thimpu, Bhutan
Explanation: SAARC Development Fund Headquarters are located in Thimpu, Bhutan. SAARC Development Fund (SDF), the umbrella financial institution for projects in SAARC member countries. SDF has been established
(i) to promote the welfare of the people of SAARC region,
(ii) to improve their quality of life and
(iii) toaccelerate economic growth, social progress and poverty alleviation in the region. The Fund is to serve as the umbrella financial institution for SAARC projects and programmes and is aimed to contribute to regional cooperation and integration through project collaboration.
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