2023
|
Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
|
|
|
World Bank
|
|
|
New Development Bank
|
|
|
Asian Development Bank
|
|
|
International Monetary Fund
|
Detailed explanation-1: -ADB is an official United Nations Observer. ADB assists its members, and partners, by providing loans, technical assistance, grants, and equity investments to promote social and economic development.
Detailed explanation-2: -The Asian Development Bank (ADB) in its latest report “Asian Development Outlook” Supplement December 2022 issued on 14 December 2022 has kept its forecast on the Indian economy growth rate for 2022-23 to 7%. In 2021-22 the Indian economy grew by 8.7%.
Detailed explanation-3: -The ASEAN (the Association of Southeast Asian Nations) region was among the fastest growing regions of the world in 2022 – the Asian Development Bank (ADB) predicted that economic growth in Southeast Asia will equate to 5.5 percent for 2022.
Detailed explanation-4: -Asian Economic Integration Report 2023: Trade, Investment, and Climate Change in Asia and the Pacific.
Detailed explanation-5: -Asian Development Outlook (ADO) Series | Asian Development Bank.