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Question
Consider the following statements regarding the Asian Development Bank:
  1. Since its founding in 1966, ADB has been driven by an inspiration and dedication to improving people’s lives in Asia and the Pacific.
  2. The main devices for assistance are loans, grants, policy dialogue, technical assistance and equity investments.
Which of the above statements is/are correct?
Options:
A .  1 and 2 both
B .  2 only
C .  1 only
D .  None
Answer: Option A
Answer: (a)The Asian Development Bank aims for an Asia and Pacific free from poverty. Approximately 1.7 billion people in the region are poor and unable to access essential goods, services, assets and opportunities to which every human is entitled.

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