General Knowledge MCQs
Topic Notes: General Knowledge
MCQs and preparation resources for competitive exams, covering important concepts, past papers, and detailed explanations.
Plato
- Biography: Ancient Greek philosopher (427–347 BCE), student of Socrates and teacher of Aristotle, founder of the Academy in Athens.
- Important Ideas:
- Theory of Forms
- Philosopher-King
- Ideal State
19981
What was the ADB’s total financial commitment in 2024?
Answer:
$24.3 billion
In 2024, ADB committed $24.3 billion from its own resources, plus $14.9 billion in cofinancing, for development projects.
19982
Which ADB fund provides low-interest loans to its poorest members?
Answer:
Asian Development Fund
The Asian Development Fund (ADF), established in 1974, provides low-interest loans and grants to ADB’s poorest member countries.
19983
What is the name of the ADB’s strategy adopted in 2019?
Answer:
Strategy 2030
Strategy 2030, approved in 2019, outlines ADB’s focus on climate action, private sector development, and poverty reduction.
19984
Who was elected as the ADB President in February 2025?
Answer:
Masato Kanda
Masato Kanda was elected President of the ADB by its Board of Governors and assumed office on February 24, 2025.
19985
Which UN body’s members are eligible to join the ADB?
Answer:
UNESCAP
Membership is open to members of the UN Economic and Social Commission for Asia and the Pacific (UNESCAP) and non-regional developed countries.
19986
What is the primary mission of the ADB?
Answer:
Poverty reduction and sustainable growth
The ADB’s mission is to reduce poverty and promote inclusive, resilient, and sustainable growth in Asia and the Pacific.
19987
Which two countries are the largest shareholders of the ADB?
Answer:
Japan and United States
Japan and the United States each hold approximately 15.6% of the ADB’s shares, making them the largest shareholders.
19988
How many member countries does the ADB have as of 2025?
Answer:
69
As of 2025, the ADB has 69 members, with 50 from the Asia-Pacific region and 19 from outside, including non-regional developed countries.
19989
Where is the headquarters of the ADB located?
Answer:
Manila, Philippines
The ADB’s headquarters is in Ortigas Center, Pasig City, Metro Manila, Philippines, chosen after Manila won a vote against Tokyo in 1965.
19990
In which year was the Asian Development Bank (ADB) established?
Answer:
1966
The ADB was established on December 19, 1966, under the auspices of the UN Economic Commission for Asia and the Far East to foster economic growth and cooperation in Asia.