CURRENT AFFAIRS

2017

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Who is appointed as India’s Alternate Governor on the Board of Governors of ADB?
A
Subhash Chandra Garg
B
Ramesh Singh
C
Rajesh Sharma
D
Nithish Singh
Explanation: 

Detailed explanation-1: -Union Finance Minister Arun Jaitley has been appointed as India’s Governor on the Board of Governors of the Asian Development Bank.

Detailed explanation-2: -As of 31 December 2021, ADB’s five largest shareholders are Japan and the United States (each with 15.6% of total shares), the People’s Republic of China (6.4%), India (6.3%), and Australia (5.8%).

Detailed explanation-3: -A founding member of ADB in 1966, India is now ADB’s fourth largest shareholder and its top borrower since 2010.

There is 1 question to complete.