With reference to the Asian Development Bank (ADB), consider the following statements:
1. India is a founding member of the Asian Development Bank (ADB).
2. The bank extends its membership to countries within the UN Economic and Social Commission for Asia and the Pacific, as well as non-regional developed nations.
Which of the statements given above is/are correct?
1
1 only
2
2 only
3
Both 1 and 2
4
Neither 1 nor 2