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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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