Where is the headquarter of Asian Development Bank located?
- A.Japan
- B.China
- C.Philippines
- D.Bharat
Correct answer
Explanation
The correct answer is C, Philippines. The Asian Development Bank has its headquarters in Manila, the capital of the Philippines. ADB was set up in 1966 to reduce poverty and fund development in Asia and the Pacific, and it lends mainly for roads, railways, power, water and urban projects. Japan and the United States hold the largest shares in it, and by convention its president has always been Japanese, which is what makes Japan a tempting wrong choice. India was a founding member and is today one of the bank's biggest borrowers. A is wrong because Japan supplies the bank's largest shareholding and its presidents but not its head office. B is wrong because Beijing hosts the Asian Infrastructure Investment Bank, a different institution set up in 2016. D is wrong because India hosts no such multilateral development bank; the BRICS New Development Bank sits in Shanghai. Exam tip: ADB - Manila, 1966; AIIB - Beijing, 2016; New Development Bank - 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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