  In this paper, we have examined the viability of the Bianchi type-V universe
in Brans-Dicke (BD) theory of gravitation. We have discussed the interacting
and non-interacting scenarios between dark matter (DM) and dark energy (DE) of
the derived universe within the framework of BD theory. CCA technique has been
applied to constrain the model parameters using 46 values of observational
Hubble data (OHD), Pantheon data (the latest compilation of SNIa with 40 binned
in the redshift range $0.014 \leq z \leq 1.62)$ and their combined datasets. We
establish an exact solution of the field equations to derive the dynamics of
the derived universe and the obtained results are found to agree with the
observations. We also noted a distinctive change in the sign of the
deceleration parameter from positive to negative, as well as the presence of a
transition red-shift exists. Using various observational data points, the
evolution trajectories for $(r~- s)$ diagnostic planes are shown to understand
the geometrical behavior of the Bianchi-V model. Some physical properties of
the universe are also discussed. It's also worth noting that the conclusions of
the cosmological parameter are consistent with modern observational data.
