New Enroll in RBI Grade B New Batch - Starts on May 21

    Question

    Which country became the largest recipient of the Asian

    Development Bank (ADB)-funded programmes/projects in the year 2022?
    A Pakistan Correct Answer Incorrect Answer
    B India Correct Answer Incorrect Answer
    C China Correct Answer Incorrect Answer
    D Japan Correct Answer Incorrect Answer
    E South Korea Correct Answer Incorrect Answer

    Solution

    Pakistan has become the largest recipient of the Asian Development Bank (ADB)-funded programmes/projects in the year 2022. According to the ADB Annual Report 2022, out of total disbursement of over USD 31.8 billion to 40 countries, Pakistan received loans of USD 5.58 billion. The report highlighted the region’s vulnerability to climate change as Pakistan was also hit by devastating floods that killed more than 1,700 people, directly affected 33 million people, caused damages in billions of dollars, and worsened an already fragile economic situation. About Pakistan Capital: Islamabad                  Prime Minister: Shehbaz Sharif                      President: Arif Alvi

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