Q. With reference to the African Development Bank (AfDB), consider the following statements:
1.It was established with the primary aim of promoting poverty alleviation and socio-economic development in Africa.
2.Its headquarters is located in Addis Ababa, Ethiopia.
3.India is one of the non-African member countries of the Bank.
Which of the statements given above are correct?
Answer: A
Notes:
Explanation:
- Statement 1 is correct – The African Development Bank was established to promote poverty alleviation and sustainable socio-economic development across African countries.
- Statement 2 is incorrect – The headquarters of AfDB is located in Abidjan, Côte d’Ivoire, not Addis Ababa.
- Statement 3 is correct – India is among the 27 non-African countries that are members of AfDB, in addition to 54 African nations.
Source- African Development Bank (AfDB) official site

