Multiple choice

With which of the following countries did India sign a Bilateral Investment Promotion Agreement (BIPA) in 2008?

  1. China

  2. Bangladesh

  3. Nepal

  4. Bhutan

  5. Myanmar
Reveal answer Fill a bubble to check yourself
E Correct answer
Explanation

India signed a Bilateral Investment Promotion Agreement (BIPA) with Myanmar in 2008 to promote and protect bilateral investments. BIPAs are treaties between nations designed to encourage foreign investment by providing legal protections and guarantees to investors from both countries. The other options - China, Bangladesh, Nepal, and Bhutan - are India's neighbors but Myanmar was the specific country with which India signed this agreement in 2008.

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