New Development Bank (NDB) It is a multilateral development bank jointly founded by the BRICS countries (Brazil, Russia, India, China and South Africa) at the 6th BRICS Summit in Fortaleza, Brazil in 2014. NDB was formed to support infrastructure and sustainable development efforts in BRICS and other underserved, emerging economies for faster development through innovation and cutting-edge technology. It is headquartered in Shanghai, China. In 2018, the NDB received observer status in the United Nations General Assembly. The five countries have an equal vote share and have pooled in the same amount of capital on inception. No member country has any veto power.
India recently joined which elite group by amassing foreign exchange reserves exceeding:
Why did China ban the export of technology related to rare earths?
Power Finance Corporation (PFC) will provide comprehensive financial backing to which state government for the state's generation, transmission, and dis...
Who was appointed by the Delhi High Court to chair an internal committee for forest protection?
Pink revolution in India is related to?
Maruti to invest Rs 11,000 cr to set up largest facility at 800-acre site in which of the following states?
What is the primary objective of the Multinational Military Exercise KHAAN QUEST in which the Indian Army is participating?
GST collection grew 13 percent in March to ______— the second-highest mop-up since the rollout of the indirect tax regime.
The 48,500 year old Zombie Virus has been revived from a frozen lake in ________.
The Centre for Economics and Business Research (CEBR) has predicted that India will become the third-largest economy in ________.
