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

Its shareholders are only Asian Countries

It offers both hard loans and soft loans

Trade Finance Programme is one of the programmes of Asian Development Bank

Which among the above statements is / are correct?

Question

Its shareholders are only Asian Countries - Incorrect. While a majority of the shareholders are from Asian countries, there are also non-regional members such as the USA, Canada, and European countries that are shareholders of ADB.
It offers both hard loans and soft loans - Correct. ADB provides both market-based \'hard\' loans as well as concessional \'soft\' loans with lower interest rates to its developing member countries.
Trade Finance Programme is one of the programmes of Asian Development Bank - Correct. The Trade Finance Program is an ADB program that provides guarantees and loans to over 200 partner banks to support trade in developing Asia.

GKToday Admin · Accepted Answer

Only 2 & 3

Its shareholders are only Asian Countries - Incorrect. While a majority of the shareholders are from Asian countries, there are also non-regional members such as the USA, Canada, and European countries that are shareholders of ADB.
It offers both hard loans and soft loans - Correct. ADB provides both market-based \'hard\' loans as well as concessional \'soft\' loans with lower interest rates to its developing member countries.
Trade Finance Programme is one of the programmes of Asian Development Bank - Correct. The Trade Finance Program is an ADB program that provides guarantees and loans to over 200 partner banks to support trade in developing Asia.

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