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1 mark

What does the Asian Development Bank (ADB) do?

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

Solution & Step-by-step Explanation

The primary function of the Asian Development Bank (ADB) is to promote social and economic development by providing loans, technical assistance, grants, and equity investments for development projects in the Asia-Pacific region.

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

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