Question

    New Development Bank will open its first regional

    office in India at?
    A GIFT City Correct Answer Incorrect Answer
    B Bengaluru Correct Answer Incorrect Answer
    C Kolkata Correct Answer Incorrect Answer
    D New Delhi Correct Answer Incorrect Answer
    E None of the above Correct Answer Incorrect Answer

    Solution

    The New Development Bank (NDB), the Brics countries’ multilateral bank based in Shanghai, will open its first regional office in India at the Gujarat International Finance Tec-City (GIFT City) to address the country’s infrastructure and sustainable development needs.

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