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What does the Asian Development Bank (ADB) do?

  1. A
    It enhances trade agreements between member countries.
  2. B
    It regulates financial markets in Asia-Pacific countries.
  3. C
    It provides financial assistance for the development projects.
  4. D
    It manages the stock exchanges of member countries.

Solution & Step-by-step Explanation

The Asian Development Bank (ADB) is a regional development bank whose prime operational mandate is to provide loans, grants, equity investments, and technical assistance to foster socio-economic development projects in its member countries across Asia and the Pacific.

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What does the Asian Development Bank (ADB) do?
A
It enhances trade agreements between member countries.
B
It regulates financial markets in Asia-Pacific countries.
C
It provides financial assistance for the development projects.
D
It manages the stock exchanges of member countries.

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