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​In which country is the headquarters of Asian Development Bank (ADB) situated?​
Question

In which country is the headquarters of Asian Development Bank (ADB) situated?

A.

Japan


B.

Philippines


C.

South Korea


D.

China

Correct option is B

Sol: The correct answer is (b)  Philippines

Key Points:

  • ​The headquarters of the Asian Development Bank (ADB) is situated in Philippines. Specifically, it is located in Manila, which serves as the central hub for the bank's operations since its establishment in 1966.

Information booster:

Asian Development Bank (ADB):

  • The Asian Development Bank (ADB) was established in 1966 to foster economic growth, reduce poverty, and promote sustainable development in Asia and the Pacific. Headquartered in Manila, Philippines, it provides loans, grants, and technical assistance to member countries, focusing on infrastructure, social development, regional integration, and environmental sustainability.
  • ​The Asian Development Bank (ADB) has 68 member countries, of which 49 are from the Asia-Pacific region (regional members), and 19 are from outside the region (non-regional members)​

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