The correct answer is (a) 1986.
The South Asian Association for Regional Cooperation (SAARC) is a regional intergovernmental organization that promotes economic, social, cultural, technical, and scientific cooperation among its member states. It was established on 8 December 1985 in Dhaka, Bangladesh, by the seven founding members: Bangladesh, Bhutan, India, Maldives, Nepal, Pakistan, and Sri Lanka.
The first SAARC Summit was held in Dhaka, Bangladesh, from 7 to 8 December 1985. The summit was attended by the heads of state or government of the seven founding members. The main objective of the summit was to promote regional cooperation among the member states.
The summit was a success and resulted in the adoption of the SAARC Charter, which is the founding document of the organization. The charter sets out the objectives, principles, and functions of SAARC.
The summit also resulted in the adoption of the Dhaka Declaration, which is a declaration of intent by the member states to cooperate in various areas. The declaration covers areas such as economic cooperation, social development, cultural cooperation, and technical cooperation.
The SAARC Summit is held every year in one of the member states. The next SAARC Summit will be held in Kathmandu, Nepal, in 2022.
The options (b) 1995, (c) 2007, and (d) None of these are incorrect because the first SAARC Summit was held in 1986.