Given below are two statements:

Statement (I): Bhutan became a constitutional monarchy in 2008.
Statement (II): The Maldivian Democratic party (MDP) dominates the political affairs of the island.

In the light of the above statements, choose the most appropriate answer from the options given below:

Both Statement I and Statement II are correct

The correct answer is Option 1 - Both Statement I and Statement II are correct

Statement (I): Bhutan became a constitutional monarchy in 2008.
Statement (II): The Maldivian Democratic Party (MDP) dominates the political affairs of the island.

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.