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Where is the headquarters of Asian Development Bank Located?
  • a)
    Kuala Lumpur, Malaysia
  • b)
    Tokyo, Japan
  • c)
    Manila, Philippines
  • d)
    Shanghai, China
  • e)
    Washington DC, USA
Correct answer is option 'C'. Can you explain this answer?
Most Upvoted Answer
Where is the headquarters of Asian Development Bank Located?a)Kuala Lu...
  • The headquarters of the Asian Development Bank is located in Manila, Philippines.
  • ADB was established in 1966. The bank started its functioning on 1st January 1967.
  • Japan and USA is its major donor. Japan-15.67%, USA-15.567%, China-6.4%, India-5.8%.
  • ADB now has 68 members, of which 49 are from Asia and the Pacific and 19 outside.
  • The main aim of ADB is social development by reducing poverty in Asia Pacific with inclusive growth and regional integration.
  • India started availing ADB’s assistance in 1986. Six sector in India where ADB’s presence- Transport, Energy, Finance and public sector, Water & Transport services, Agriculture & Human Development Index.
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Where is the headquarters of Asian Development Bank Located?a)Kuala Lumpur, Malaysiab)Tokyo, Japanc)Manila, Philippinesd)Shanghai, Chinae)Washington DC, USACorrect answer is option 'C'. Can you explain this answer?
Question Description
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