CURRENT AFFAIRS

2019

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Which bank has launched an Action Plan for Healthy Oceans and Sustainable Blue Economies for the Asia and Pacific region?
A
Asian Development Bank
B
International Monetary Fund
C
Islamic Development Bank
D
European Bank for Reconstruction and Development
Explanation: 

Detailed explanation-1: -The Action Plan aims to protect and restore coastal and marine ecosystems, promote inclusive livelihood opportunities, grow sustainable blue economies, build resilient coastal communities, and contribute to food security in Asia and the Pacific.

Detailed explanation-2: -The full form of ADB is the Asian Development Bank. ADB is a regional development bank, its goal is to achieve a stable, healthy, versatile and sustainable Asia and the Pacific while at the same time supporting and strengthening its efforts to reduce enormous poverty.

Detailed explanation-3: -ADB also promotes private sector development, gender empowerment, regional integration, and knowledge services along with capacity development. To date, ADB has committed 589 public sector loans, grants, and technical assistance totaling $50.8 billion to India.

There is 1 question to complete.