Identify the country of South Asia where Monarchy is still in existence.

Bhutan

The correct answer is Option 3 - Bhutan

Bhutan became a constitutional monarchy in 2008.

From the experience of Bangladesh and Nepal, we can say that democracy is becoming an accepted norm in the entire region of South Asia. Similar changes are taking place in the two smallest countries of the region. Bhutan became a constitutional monarchy in 2008. Under the leadership of the king, it emerged as a multi-party democracy. The Maldives, the other island nation, was a Sultanate till 1968 when it was transformed into a republic with a presidential form of government. In June 2005, the parliament of the Maldives voted unanimously to introduce a multi-party system. The Maldivian Democratic Party (MDP) dominates the political affairs of the island. The MDP won the 2018 Elections