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The Asian Development Bank (ADB) has approved a $500 million loan to construct new metro rail lines in Bengaluru, Karnataka. Where is ADB headquartered?

The Asian Development Bank (ADB) has approved a $500 million loan to construct new metro rail lines in Bengaluru, Karnataka. Where is ADB headquartered? Correct Answer  Philippines

The correct answer is Philippines.

  • The Asian Development Bank (ADB) has approved a $500 million loan to construct new metro rail lines in Bengaluru, Karnataka.
  • ADB also approved another $300 million loan to strengthen primary health care in urban areas across the country.
  • This will enhance the economy, improve the urban environment and make the city more livable.
  • ADB:
    • Headquarters - Mandaluyong, Philippines.
    • President - Masatsugu Asakawa.
    • Founded On - 19 December 1966.

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