Explanation:

- ICICI Bank opens representative office in Nepal:

- Correct Answer: Option 3 (Nepal)

- ICICI Bank has expanded its presence by opening a representative office in Nepal. This move strengthens ICICI Bank’s international footprint and enhances its ability to cater to the banking needs of its clients in the region.

- Options Explained:

- Option 1 (Bhutan): While Bhutan is geographically close to India, ICICI has not opened a representative office there as per current available data.

- Option 2 (China): While China is a major global economy, presently, there hasn't been any news of ICICI Bank opening a new office there.

- Option 4 (France): ICICI Bank has offices in other European countries, but there’s no recent information about an office inauguration in France.

- Option 5 (USA): ICICI Bank already has operations in the USA, but no recent establishment of a new representative office has been reported.