Consider the following Statements:begin{enumerate}item Arun Jaitley is a member of the Board of Governors of the Asian Development Bank (ADB).item Asian Development Bank is based in Phillippines.end{enumerate}Choose the correct statement/s using the following codes:

BANKING GENERAL KNOWLEDGE

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Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]

Consider the following Statements:

A	.
B	1 only
C	2 only
D	Either 1 or 2
E	Both 1 and 2

Explanation:

Detailed explanation-1: -ADB assists its members, and partners, by providing loans, technical assistance, grants, and equity investments to promote social and economic development.

Detailed explanation-2: -A founding member of ADB in 1966, India is now ADB’s fourth largest shareholder and its top borrower since 2010.

Detailed explanation-3: -The Asian Development Bank (ADB) supports projects in developing member countries that create economic and development impact, delivered through both public and private sector operations, advisory services, and knowledge support.

Detailed explanation-4: -Union Finance Minister Arun Jaitley has been appointed as India’s Governor on the Board of Governors of the Asian Development Bank. This appointment has come into effect from May 27 and Jaitley has replaced erstwhile Finance Minister P Chidambaram for this post.

There is 1 question to complete.