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    Question

    Which of the following information is/are correct with

    respect to the funding capacity of the ADB? I.The Asian Development Bank (ADB) has approved capital management reforms, which would unlock $100 billion in new funding capacity over the next decade to address the regionā€™s overlapping and simultaneous crises. II.The reforms would expand the bankā€™s annual new commitments capacity to more than $36 billion ā€” an increase of approximately $10 billion ā€” or about 40 per cent. III.The measures will enable ADB to provide up to $ 500 billion of its own financing to its developing member countries (DMC) and private sector clients over the next decade.
    A Only I Correct Answer Incorrect Answer
    B Only II Correct Answer Incorrect Answer
    C Only I & II Correct Answer Incorrect Answer
    D Only II & III Correct Answer Incorrect Answer
    E None of these Correct Answer Incorrect Answer

    Solution

    The Asian Development Bank (ADB) has approved capital management reforms, which would unlock $100 billion in new funding capacity over the next decade to address the regionā€™s overlapping and simultaneous crises.The reforms would expand the bankā€™s annual new commitments capacity to more than $36 billion ā€” an increase of approximately $10 billion ā€” or about 40 per cent.The measures will enable ADB to provide up to $360 billion of its own financing to its developing member countries (DMC) and private sector clients over the next decade.

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