Question
Where is the Headquarter of New Development Bank (NDB)?
Solution
The New Development Bank (NDB), formerly referred to as the BRICS Development Bank, is a multilateral development bank established by the BRICS states (Brazil, Russia, India, China and South Africa). According to the Agreement on the NDB, "the Bank shall support public or private projects through loans, guarantees, equity participation and other financial instruments." Headquarter of NDB is in Shanghai, ChinaĀ
More Static GA Questions
For the following demand curve, Q=10P-2 , calculate the profit made by the monopolist when Marginal cost is Rs.2
Ā According to the Principle of Equal Marginal Sacrifice proposed by Hugh Dalton, an optimal income tax structure is one where:
Real Wages = 500, Consumer price index = 1.2. Calculate nominal wages?
