Question

With reference to the New Development Bank (ND

  • B , consider the following statements: 1. The NDB was established by BRICS nations in 2015 and is headquartered in Shanghai. 2. As of 2025, Colombia and Uzbekistan have joined the NDB, raising its total membership to 11 countries. 3. The NDB’s primary focus is funding infrastructure and sustainable development projects in developed economies. Which of the statements given above is/are correct?
A 1 and 2 only
B 2 and 3 only
C 1 and 3 only
D 1, 2 and 3
E 1 only
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