Q. Consider the following statements in context with the Asian Development Bank:

1. Its shareholders are only Asian Countries
2. It offers both hard loans and soft loans
3. Trade Finance Programme is one of the programmes of Asian Development Bank

Which of the above statements is / are correct?
Answer: Only 2 and 3
Notes: Statement 1 is incorrect because the Asian Development Bank (ADB) includes shareholders from non-Asian countries like the USA and European nations. Statement 2 is correct as ADB provides both hard (market-based) and soft (concessional) loans. Statement 3 is also correct since the Trade Finance Program is one of ADB’s prominent programmes supporting trade in Asia.