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Which international financial institution was established in 1966 to promote economic development in the Asia-Pacific region?

easy Q12 of 15
Static GK - Organizations & Headquarters
Which international financial institution was established in 1966 to promote economic development in the Asia-Pacific region?
AAfrican Development Bank (AfDB)
BInternational Monetary Fund (IMF)
CWorld Bank
DAsian Development Bank (ADB)
Step-by-Step Solution
  1. Step 1: Identify the institution

    The question asks about a regional development bank founded in 1966 focused on Asia-Pacific.
  2. Step 2: Apply the concept

    The Asian Development Bank (ADB) was established in 1966 to promote social and economic development in Asia-Pacific countries.
  3. Final Answer:

    Asian Development Bank (ADB) → Option D
  4. Quick Check:

    ADB established = 1966 ✅
Quick Trick: ADB = Asia-Pacific bank founded in 1966.
Common Mistakes:
MISTAKES
  • Confusing ADB with World Bank or African Development Bank.
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