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Question

Which is not correct about New Development Bank (NDB)?

A It is a multilateral development bank established by the BRICS countries

B Its Headquarter is in London, UK

C Its first regional office will be opened in Johannesburg, South Africa.

D K V Kamath, former CEO of ICICI Bank is the President of NDB

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More Economics Questions

Ratio of net profit before interest and tax to sales is:
Which of the following formulae correctly calculates the Operating Profit Margin?
Refer the following summarized Balance Sheet of Roy Ltd. as on 31‐3‐2023:

If MOS = 50000 units and BE units are 35000, then what are the Budgeted Sales units?
If the MOS = 20,000 units and PV ratio is 60%. Calculate profit if revenue per unit is 4.
What does the Basic Defense Interval ratio measure?
Refer the following summarized Balance Sheet of Roy Ltd. as on 31‐3‐2023:

Champion Ltd. define following data for calculating Current Ratio:

Current Assets Rs.20,00,000 ,

Inventories Rs.10,00,000 ,

Working Capital Rs.12, 00,000.
Which conditions must be met for a third party’s customer due diligence to be accepted by an RE?
Refer the following summarized Balance Sheet of Roy Ltd. as on 31‐3‐2023:

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