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      Question

      New Development Bank belongs to _____________.

      A UNGA Correct Answer Incorrect Answer
      B BRICS Correct Answer Incorrect Answer
      C G-20 Correct Answer Incorrect Answer
      D ASEAN Correct Answer Incorrect Answer
      E None of the above Correct Answer Incorrect Answer

      Solution

      New Development Bank (NDB) was set up with an initial authorised capital of $100 billion by BRICS countries in 2014. It was officially opened in Shanghai in 2015.

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