11(Asian Development Bank) Flashcards

1
Q

What is it

A

It is a regional bank of asia.
1966
Manila philipines
Major stakes held by Japan

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2
Q

What is its task

A

Loans,technical assistance,grants,equity investments

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3
Q

why in news

A

They are giving loans to construct roads in MH

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4
Q

Is it part of UN

A

Observer status

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