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With reference to the New Development Bank(NDB), consider the following statements about:
1. It is a multilateral bank founded by the BRICS members.
2. All the member countries have an equal shareholding in the bank.
3. It has been granted observer status in the UN General Assembly in 2018.
Choose the correct answers using the codes given below
  • a)
    1 and 2 only
  • b)
    2 and 3 only
  • c)
    1 and 3 only
  • d)
    1, 2 and 3
Correct answer is option 'D'. Can you explain this answer?
Verified Answer
With reference to the New Development Bank(NDB), consider the followin...
Option 1 is correct: New Development Bank(NDB) is a multilateral bank jointly founded by the BRICS countries (Brazil, Russia, India, China and South Africa) at the 6th BRICS Summit in Brazil in 2014.
Option 2 is correct: All the members have an equal shareholding of 20percent respectively.
Option 3 is correct: The bank was granted an observer statue in the UN General Assembly in 2018.
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With reference to the New Development Bank(NDB), consider the following statements about:1. It is a multilateral bank founded by the BRICS members.2. All the member countries have an equal shareholding in the bank.3. It has been granted observer status in the UN General Assembly in 2018.Choose the correct answers using the codes given belowa)1 and 2 onlyb)2 and 3 onlyc)1 and 3 onlyd)1, 2 and 3Correct answer is option 'D'. Can you explain this answer?
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With reference to the New Development Bank(NDB), consider the following statements about:1. It is a multilateral bank founded by the BRICS members.2. All the member countries have an equal shareholding in the bank.3. It has been granted observer status in the UN General Assembly in 2018.Choose the correct answers using the codes given belowa)1 and 2 onlyb)2 and 3 onlyc)1 and 3 onlyd)1, 2 and 3Correct answer is option 'D'. Can you explain this answer? for Current Affairs 2024 is part of Current Affairs preparation. The Question and answers have been prepared according to the Current Affairs exam syllabus. Information about With reference to the New Development Bank(NDB), consider the following statements about:1. It is a multilateral bank founded by the BRICS members.2. All the member countries have an equal shareholding in the bank.3. It has been granted observer status in the UN General Assembly in 2018.Choose the correct answers using the codes given belowa)1 and 2 onlyb)2 and 3 onlyc)1 and 3 onlyd)1, 2 and 3Correct answer is option 'D'. Can you explain this answer? covers all topics & solutions for Current Affairs 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for With reference to the New Development Bank(NDB), consider the following statements about:1. It is a multilateral bank founded by the BRICS members.2. All the member countries have an equal shareholding in the bank.3. It has been granted observer status in the UN General Assembly in 2018.Choose the correct answers using the codes given belowa)1 and 2 onlyb)2 and 3 onlyc)1 and 3 onlyd)1, 2 and 3Correct answer is option 'D'. Can you explain this answer?.
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