Asian Development Bank (ADB) was established to stimulate growth in Asia and Far East by direct loans and technical assistance. It was founded in:
Correct answer: C. 1966
- A. 1950
- B. 1960
- C. 1966
- D. 1970
Explanation
The ADB was established in 1966 to support economic development through loans, grants and technical assistance. It began operations in the same year from its headquarters in Manila.
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