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The aim of this bank is to accelerate economic and social development in Asia and pacific region. The bank started its functioning on January 1, Its headquarter is located at Manila, Philippines. Current President of A. To make loans and equity investments for economic and social development of its developing members countries. To provide for technical assistance for the preparation and implementation of development projects and advisory services.
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Asian Development Bank: Functions and Assistance to India

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Asian Development Bank: Functions and Assistance to India

The company also maintains 31 field offices around the world [4] to promote social and economic development in Asia. The ADB was modeled closely on the World Bank , and has a similar weighted voting system where votes are distributed in proportion with members' capital subscriptions. ADB releases an annual report that summarizes its operations, budget and other materials for review by the public. Upon completion of their study programs, scholars are expected to contribute to the economic and social development of their home countries.
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Asian Development Bank Definition

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Medical images of breast biopsies contain a great deal of complex data and interpreting them can be very subjective. Odisha Chief Minister Naveen Patnaik on Tuesday released a damage assessment report on cyclone Fani which estimates the total damage and loss at Rs 24, crore and recovery needs at Rs 29, crore. Credit limits of World Bank and Asian Development Bank will be used to provide loans to small and medium enterprises that will help provide employment opportunities to the poor, Gadkari said. The ADB will provide Rs 1, crore, out of which 80 per cent will be grant-in-aid and the state will have to repay 20 per cent loan in due course of time, a senior official said.
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