The Asian Development Bank (ADB) was conceived in the early.....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.

BANKING GENERAL KNOWLEDGE

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

The Asian Development Bank (ADB) was conceived in the early____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.

A	1950s
B	1960s
C	1940s
D	1970s

Explanation:

Detailed explanation-1: -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. The Asian Development Bank (ADB) values and promotes the goal of gender equality in the workplace.

Detailed explanation-2: -ADB assists its members, and partners, by providing loans, technical assistance, grants, and equity investments to promote social and economic development.

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: -The Asian Development Bank (ADB) is a regional development bank established on 19 December 1966, which is headquartered in the Ortigas Center located in the city of Mandaluyong, Metro Manila, Philippines.

Detailed explanation-5: -Asian Development Bank (ADB) was established in the year 1966, with head office at Manila (Philippines). It has 67 members from the Asia Pacific region.

There is 1 question to complete.