Q. Consider the following statements regarding the Asian Development Bank (ADB):
1.ADB has more member countries from within Asia and the Pacific than from outside.
2.The headquarters of ADB is located in Manila, Philippines.
3.India holds the largest share in ADB among all member countries.
Which of the statements given above is/are correct?
Quarterly-SFG-Jan-to-March
Red Book

[A] 1 and 2 only

[B] 2 and 3 only

[C] 1 and 3 only

[D] 1, 2 and 3

Answer: A
Notes:

Explanation:

Statement 1 is correct: ADB has 69 members, with 50 from Asia and the Pacific and 19 from outside.

Statement 2 is correct: The headquarters is in Manila, Philippines.

Statement 3 is incorrect: India holds 6.3%, while Japan and the USA each hold the largest share at 15.6%.

SourceADB


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