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Business Studies

International Sources of Finance

Asian Develop...

Question

Asian Development Bank has opened its Residential Office in ________.

A

New Delhi

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B

Kolkata

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C

Mumbai

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D

Bangalore

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Solution

The correct option is B New Delhi

The Asian Development Bank was conceived in the early 1960s as a financial institution that would be Asian in character and foster economic growth and cooperation in one of the poorest regions in the world. Asian Development Bank has opened its Residential office in New Delhi.

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