The Asian Development Bank ADB was established as a financial institution that would foster economic growth and cooperation in the Asia-Pacific region. To increase the awareness of the aspirants of different exams, jagran josh made this set of quiz of 9 questions. We hope that this set will be useful for the aspirants of the different competitive exams.
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Seemingly objective measures like volume of financing or sectoral targets are simplistic and bring their own value judgements about what the institution should be doing. Annual reports give us a narrative about institutional performance, but a heavily biased one. Wrestling with these questions about the World Bank, I was taken with something that came across my desk a few days ago—the valedictory speech of Steve Groff, who just stepped down as an operational vice president at the Asian Development Bank.
Funded by the Government of Japan, this scholarship provides an opportunity for citizens of the Bank's developing member countries to pursue postgraduate studies in economics, management, sciences and mathematics and technology, and other development-related fields. Agriculture, animal studies, food science and veterinary science; Commerce, economics and management; Engineering; Medicine, dentistry, health and welfare. If you have applied for a course that is not listed, you cannot be considered for the Asian Development Bank - Japan Scholarship.
Never miss a great news story! Get instant notifications from Economic Times Allow Not now. Asian Development Bank delegation meets Sarbananda Sonowal.
IRFC will use the proceeds from the loan to install electric traction equipment along about 3, kilometres of existing railway lines to enable migration of passenger and freight traffic from diesel to electric traction. Addressing the Board of Governors of the Asian Development Bank ADB here, Garg said there is a rising need for the agency to focus on strengthening human capital and develop social safety nets. The project will fund 63 six-car trains, signalling and safety systems, and help establish a new dedicated metro operations organisation to manage the entire metro network in Mumbai.
The company also maintains 31 field offices around the world  to promote social and economic development in Asia. The ADB was modeled closely on the World Bankand has a similar weighted voting system where votes are distributed in proportion with members' capital subscriptions. ADB releases an annual report that summarizes its operations, budget and other materials for review by the public.
The Asian Development Bank's primary mission is to foster growth and cooperation among countries in the Asia-Pacific Region. It has been responsible for a number of major projects in the region and raises capital through the international bond markets. The ADB also relies on member contributions, retained earnings from lending, and the repayment of loans for funding of the organization.
For the just concluded fiscal also, ADB has cut the growth estimate to 7 per cent from 7. This growth will reverse two years of declining trend as reforms to improve the business and investment climate take effect, the ADO said. The growth forecast for India has some downside risks such as moderation in global demand as financial conditions tighten, uncertainty arising out of global trade tensions, and the weak economic outlook in industrial countries, the report said.