Current Affairs - International - Discussion

Discussion :: International - Latest Current Affairs (Q.No.377)

377. 

India is seeking as much as $6 billion of loans from multilateral institutions such as the Asian Development Bank to fight the coronavirus outbreak. Where is the headquarters of ADB?

[A]. Nepal
[B]. India
[C]. China
[D]. Philippines

Answer: Option D

Explanation:

India is seeking as much as $6 billion of loans from multilateral institutions such as the Asian Development Bank to bolster its efforts to fight the coronavirus outbreak.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.Headquartered - Manila, Philippines.

Post your comments here:

Name *:

Email   : (optional)

» Your comments will be displayed only after manual approval.