The 'Asian Development Bank' is headquartered in: MCQ with Answer and Explanation

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The 'Asian Development Bank' is headquartered in:

A. Beijing

B. Manila

C. Tokyo

D. Singapore

Answer: Option B

Solution (By JKSSB Mock Tests)

The Asian Development Bank is headquartered in Manila, Philippines.

This question belongs to: Economy GK Economy Set 1

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Practice More Economy Set 1 Questions

Question #1

The 'Goods and Services Tax' Council has how many members?

A. 50

B. 33

C. 100

D. 20

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Correct Answer: Option B

Explanation:
GST Council has 33 members, including the Chairperson.

This question belongs to: Economy GK Economy Set 1

Question #2

The 'Amul brand' is owned by:

A. Gujarat Cooperative Milk Marketing Federation

B. Mother Dairy

C. NDDB

D. Nestle

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Correct Answer: Option A

Explanation:
Amul is owned by the Gujarat Cooperative Milk Marketing Federation.

This question belongs to: Economy GK Economy Set 1

Question #3

The 'Kuznets curve' hypothesizes that income inequality:

A. first rises then falls with economic development

B. rises continuously with growth

C. is unrelated to growth

D. falls continuously with growth

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Correct Answer: Option A

Explanation:
The Kuznets curve suggests inequality first increases and later decreases as an economy develops.

This question belongs to: Economy GK Economy Set 1

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