Question

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

A It is a multilateral development bank established by the BRICS countries Correct Answer Incorrect Answer
B Its Headquarter is in London, UK Correct Answer Incorrect Answer
C Its first regional office will be opened in Johannesburg, South Africa. Correct Answer Incorrect Answer
D K V Kamath, former CEO of ICICI Bank is the President of NDB Correct Answer Incorrect Answer

Solution

Headquarter of NDB is in Shanghai, China 

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