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India is a member of which of the following? 1. Asian Development Bank 2. Asia-Pacific Economic Cooperation 3. Colombo Plan 4. Organization for Economic Cooperation and Development (OECD) Select the correct answer using the code given below: Code:
Explanation
India is a member of the Asian Development Bank (ADB), which included India among its initial membership and remains a multilateral development bank for Asia and the Pacific [1]. India is historically a member of the Colombo Plan (a long‑standing regional cooperation initiative focused on development assistance and technical cooperation). India is not a member of the Asia‑Pacific Economic Cooperation forum (APEC); the official APEC membership list does not include India [2]. Likewise, India is not a member of the OECD (though it participates in the OECD Development Centre) [3]. Therefore, only items 1 (ADB) and 3 (Colombo Plan) are correct, making option 1 the right choice.
Sources
- [1] Indian Economy, Nitin Singhania .(ed 2nd 2021-22) > Chapter 18: International Economic Institutions > ASIAN DEVELOPMENT BANK > p. 530
- [2] https://www.nyulawglobal.org/globalex/apec_asean1.html
- [3] Indian Economy, Nitin Singhania .(ed 2nd 2021-22) > Chapter 18: International Economic Institutions > Organisation for Economic Cooperation and Development (OECD) > p. 533
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