📢 Too many exams? Don’t know which one suits you best? Book Your Free Expert 👉 call Now!


    Question

    The New Development Bank is also referred to as ______

    bank?
    A BRICS Bank Correct Answer Incorrect Answer
    B World Bank Correct Answer Incorrect Answer
    C Swiss Bank Correct Answer Incorrect Answer
    D ADB Correct Answer Incorrect Answer
    E AIIB Correct Answer Incorrect Answer

    Solution

    The New Development Bank (NDB) is a multilateral bank established by BRICS countries which include (Brazil, Russia, India, China and South Africa) to mobilize resources for development projects in BRICS, emerging economies and developing countries. 

    Practice Next
    ask-question