The Asian Development Bank (ADB) is a regional development bank that provides loans, technical assistance, grants, and equity investments to promote social and economic development in Asia and the Pacific. It was founded in 1966 and has 68 members, including 49 from the region.

Here you are given Multiple Choice Questions (MCQs) on the Asian Development Bankthe topic of General Knowledge. First of all, you have to read all the GK questions related to Asian Development Bank and click on one correct answer for each question. If your answer is correct, you will be displayed with a ✅ sign, but if your answer is wrong, a ❌ sign will be displayed, so that you can identify the correct answer you have given.

Q. The Asian Development Bank (ADB) has approved a loan facility of how many million dollars to carry forward financial reforms in West Bengal?

 ◉ $ 30 million

✅ Correct

 ◉ $ 05 million

❌ Incorrect

 ◉ $ 35 million

❌ Incorrect

 ◉ $ 40 million

❌ Incorrect

Q. The Government of India and the Asian Development Bank (ADB) have signed a loan agreement of how much rupees for the improvement and expansion of water supply in the cities of Bhagalpur and Gaya in Bihar?

 ◉ 85 million dollars

❌ Incorrect

 ◉ 80 million dollars

❌ Incorrect

 ◉ 94 million dollars

❌ Incorrect

 ◉ 84 million dollars

✅ Correct

Q. The Asian Development Bank (ADB) has approved a loan facility of how many million dollars to carry forward financial reforms in West Bengal?

 ◉ $ 30 million

✅ Correct

 ◉ $ 35 million

❌ Incorrect

 ◉ $ 40 million

❌ Incorrect

 ◉ $ 05 million

❌ Incorrect

Q. How many countries signed the Asian Infrastructure Investment Bank agreement on 29th June 2015?

 ◉ 25

❌ Incorrect

 ◉ 30

❌ Incorrect

 ◉ 50

✅ Correct

 ◉ 42

❌ Incorrect

Q. Where is the headquarter of Asian Development Bank?

 ◉ Kathmandu, Nepal)

❌ Incorrect

 ◉ New York (United States)

❌ Incorrect

 ◉ Manila (Philippines)

✅ Correct

 ◉ Hague (Netherlands)

❌ Incorrect

Q. What is meant by bank rate?

 ◉ Rate of interest

✅ Correct

 ◉ Stock and debenture

❌ Incorrect

 ◉ Exchange rate

❌ Incorrect

 ◉ None of them

❌ Incorrect

Q. When was the first nationalization of banks in India?

 ◉ in 1969

✅ Correct

 ◉ In 1961 AD

❌ Incorrect

 ◉ In 1983 AD

❌ Incorrect

 ◉ In 1973 AD

❌ Incorrect

Q. For India, which state has got the maximum benefit of the loans received from the Asian Development Bank for the improvement of national highways?

 ◉ Haryana

❌ Incorrect

 ◉ Rajasthan

❌ Incorrect

 ◉ Bihar

❌ Incorrect

 ◉ Andhra Pradesh

✅ Correct

Q. What is meant by bank money?

 ◉ Gross product

❌ Incorrect

 ◉ currency notes

✅ Correct

 ◉ Disorganization

❌ Incorrect

 ◉ Internet banking

❌ Incorrect

Q. What is the best way to protect the bank from loss?

 ◉ Acceptance of confirmed collateral

✅ Correct

 ◉ Raising the rate of interest from time to time

❌ Incorrect

 ◉ Reduce the rate of interest from time to time

❌ Incorrect

 ◉ None of them

❌ Incorrect

Q. What is the sum of the currency in circulation with the public and the cash reserve kept in the banks called?

 ◉ High powerful money

❌ Incorrect

 ◉ compressed currency

✅ Correct

 ◉ Legitimate money

❌ Incorrect

 ◉ Order money

❌ Incorrect

Q. What is the ratio of cash holding of a bank to its total liability of deposits called?

 ◉ Minimum reserve ratio

❌ Incorrect

 ◉ Statutory cash ratio

❌ Incorrect

 ◉ Variable reserve ratio

❌ Incorrect

 ◉ cash reserve ratio

✅ Correct

Q. Which state is outside the jurisdiction of the Reserve Bank of India in regulating banking activities?

 ◉ Jammu and Kashmir

✅ Correct

 ◉ Sikkim

❌ Incorrect

 ◉ Odisha

❌ Incorrect

 ◉ Himachal Pradesh

❌ Incorrect


Visit link below to learn more about the topic:

List of Asian Development Bank (ADB) Presidents from 1966 to 2023 🔗

  Last update :  Mon 5 Jun 2023
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