Q. The Islamic Development Bank is founded in ________ ?
a. 1970
b. 1971
c. 1973
d. 1981
It was founded in 1973 by the Finance Ministers at the first Organisation of the Islamic Conference (now called the Organisation of Islamic Cooperation) with the support of the king of Saudi Arabia at the time (Faisal), and began its activities on 3 April 1975.
