Solution:The South Asian Association for Regional Cooperation (SAARC) is the regional intergovernmental organization and geopolitical union of states in South Asia.• It has eight member states as Afghanistan, Bangladesh, Bhutan, India, the Maldives, Nepal, Pakistan and Sri Lanka.
• The SAARC comprises 3% of the world's area. 21% of the world's population and 4.21% of the global economy, as of 2019.
• The SAARC was founded in Dhaka on 8 December 1985.
• Its secretariat is based in Kathmandu, Nepal.