Question

Arrange the following countries in ascending order (from low to high) as per their present share in Asian Development Bank.  
• [(A).] China 
• [(B).] Australia 
• [(C).] India 
• [(D).] USA 
Choose the correct answer from the options given below: 
 

• A. (A), (D), (B), (C)
• B. (D), (B), (A), (C)
• C. (C), (B), (D), (A)
• D. (B), (C), (A), (D)

Hint:

To remember the top shareholders in the ADB:
- Japan and the USA are tied for the largest share (\(\sim 15.6%\) each).
- They are followed by China (\(\sim 6.4%\)), India (\(\sim 6.3%\)), and Australia (\(\sim 5.8%\)).

Answer 1

The Correct Option is D

Step 1: Understanding the Concept:
The Asian Development Bank (ADB) is a regional development bank established in 1966 to promote social and economic development in Asia and the Pacific.
A member country's voting power and influence in the ADB are directly tied to its capital subscription share.

Step 2: Detailed Explanation:
Let us examine the capital subscription and voting shares of the listed countries in the ADB:
- Australia (B): Australia holds a smaller capital share among the listed nations, subscribing to approximately \(5.77%\) of the total ADB capital.
- India (C): India is a founding member of the ADB and holds the fourth-largest share, subscribing to approximately \(6.32%\) of the total capital.
- China (A): The People's Republic of China joined the ADB in 1986 and holds the third-largest share, subscribing to approximately \(6.43%\) of the total capital.
- United States (D): The USA, along with Japan, is the largest contributor to the ADB. Both countries hold equal shares of approximately \(15.56%\) of the total capital.
Arranging these countries in ascending order of their capital shares (from lowest to highest):
\[ \text{Australia (B, } 5.77% \text{)} \rightarrow \text{India (C, } 6.32% \text{)} \rightarrow \text{China (A, } 6.43% \text{)} \rightarrow \text{USA (D, } 15.56% \text{)} \] This corresponds to the sequence (B) \(\rightarrow\) (C) \(\rightarrow\) (A) \(\rightarrow\) (D).

Step 3: Final Answer:
The correct ascending order is Option (D).