Multiple choice

Which of the following took the decision to establish 'South Asian Development Fund'?

  1. SAARC

  2. ADB

  3. IMF

  4. World Bank

Reveal answer Fill a bubble to check yourself
A Correct answer
Explanation

SAARC took the decision to establish 'South Asian Development Fund'. The fifteenth summit of SAARC was held in Colombo, Sri Lanka on 1-3 August 2008. The issues discussed were regional cooperation, partnership for growth for the peoples of South Asia, connectivity, energy, the environment, water resources, poverty alleviation, the SAARC Development Fund, transport, information and communications technology development, science and technology, tourism, culture, the South Asian Free Trade Area, the SAARC Social Charter, women and children, education, combating terrorism, and the admission of Australia and Myanmar as observers.