In which country is the headquarters of Asian Development Bank (ADB) situated?
- A.Philippines
- B.South Korea
- C.China
- D.Japan
Correct answer
Explanation
The correct answer is A, Philippines. The Asian Development Bank has its headquarters in Mandaluyong City, Metro Manila, in the Philippines. It was set up in 1966 to fund development in Asia and the Pacific, and India was one of its founding members. Japan and the United States are its two largest shareholders, and by tradition its president has always been Japanese. The ADB lends for roads, power, water and urban projects, and India is among its biggest borrowers. B is wrong because South Korea hosts the Green Climate Fund at Songdo, not the ADB. C is wrong because China is the home of the Asian Infrastructure Investment Bank (Beijing) and the New Development Bank of BRICS (Shanghai). D is wrong because Japan is only the largest shareholder; the bank was deliberately located in Manila rather than Tokyo. Exam tip: ADB in Manila (1966), AIIB in Beijing (2016), New Development Bank in Shanghai (2015).
Practice Questions
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- A.Brasilia
- B.Sanya
- C.Yekaterinburg
- D.Durban
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South Africa joined the group in late 2010, turning BRIC into BRICS, and its first summit as a member was the third summit of the group, held at Sanya on Hainan Island in China in April 2011.
Read the full explanation →'SAMPRITI-2017' is a joint military exercise between armed forces of India and
- A.Bhutan
- B.Bangladesh
- C.Pakistan
- D.Myanmar
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Sampriti is the joint military exercise of the Indian Army and the Bangladesh Army, and the 2017 edition was one round of this long-running series.
Read the full explanation →Which one of the following pairs of military training institute of India and location is not correctly matched?
- A.Army War College : Mhow
- B.High Altitude Warfare School : Gulmarg
- C.Army Air Defence College : Pune
- D.Rashtriya Indian Military College : Dehradun
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The Army Air Defence College is not in Pune; it stands at Gopalpur-on-Sea in the Ganjam district of Odisha, on the Bay of Bengal coast.
Read the full explanation →Which one of the following is not an Air Defence Missile system?
- A.Akash
- B.Trishul
- C.Tatra
- D.Astra
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Tatra is not a missile at all: it is a make of heavy all-terrain trucks from the Czech Republic, used by the Indian Army to carry launchers, radars and other heavy loads.
Read the full explanation →BREXIT refers to the Great Britain leaving which one of the following?
- A.International Monetary Fund
- B.Commonwealth
- C.World Trade Organization
- D.European Union
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"Brexit" joins "Britain" and "exit" and means the United Kingdom's departure from the European Union. In a referendum on 23 June 2016, about 52% of voters chose to leave the EU.
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