ADB and USAID ink MoU to develop solar parks in India. Consider the following statements about Asian Development Bank:
Which of the above statements is/are correct?
ADB and USAID ink MoU to develop solar parks in India. Consider the following statements about Asian Development Bank:
Which of the above statements is/are correct?
The correct option is B 2 and 3 only
The Asian Development Bank was conceived in the early 1960s as a financial institution. ADB is composed of 67 members, 48 of which are from the Asia and Pacific region and the rest are Non-regional members. ADB assists its members, and partners, by providing loans, technical assistance, grants, and equity investments to promote social and economic development in Asia and pacific. ADB raises funds
through bond issues on the world's capital markets. It also rely on our members' contributions, retained earnings from our lending operations, and the repayment of loans. At the end of 2014, Japan holds the largest proportion of shares at 15.7%. The United States holds 15.6%, China holds 6.5%, India holds 6.4%, and Australia holds 5.8%
ADB works in field of
- Infrastructure (water, energy, transport, urban development, information and communications technology)
- Environment
- Regional cooperation and integration
- Finance sector development
- Education
- On a limited scale in other areas, including
- Health
- Agriculture and natural resources
- Public sector management
2 and 3 only
The Asian Development Bank was conceived in the early 1960s as a financial institution. ADB is composed of 67 members, 48 of which are from the Asia and Pacific region and the rest are Non-regional members. ADB assists its members, and partners, by providing loans, technical assistance, grants, and equity investments to promote social and economic development in Asia and pacific. ADB raises funds
through bond issues on the world's capital markets. It also rely on our members' contributions, retained earnings from our lending operations, and the repayment of loans. At the end of 2014, Japan holds the largest proportion of shares at 15.7%. The United States holds 15.6%, China holds 6.5%, India holds 6.4%, and Australia holds 5.8%
ADB works in field of
- Infrastructure (water, energy, transport, urban development, information and communications technology)
- Environment
- Regional cooperation and integration
- Finance sector development
- Education
- On a limited scale in other areas, including
- Health
- Agriculture and natural resources
- Public sector management
