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    Question

    Where is the headquarters of the New Development Bank

    (BRICS Bank) located?
    A Beijing Correct Answer Incorrect Answer
    B Manila Correct Answer Incorrect Answer
    C Singapore Correct Answer Incorrect Answer
    D Shanghai Correct Answer Incorrect Answer

    Solution

    The New Development Bank, established by the BRICS nations (Brazil, Russia, India, China, South Africa), is headquartered in Shanghai, China. Its aim is to support infrastructure and sustainable development projects.   

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