Question

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

Headquarter of NDB is in Shanghai, China

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

E All of the above are correct

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