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Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Who is the first President of NDB?
A
Rakesh Sethi
B
KV Kamath
C
Arun Jaitley
D
Raghuram Rajan
Explanation: 

Detailed explanation-1: -The New Development Bank, formerly referred to as the BRICS Development Bank, is a multilateral development bank established by the BRICS states . Its Headquarters in in Shanghai, China. K.V Kamath is the first President of NDB.

Detailed explanation-2: -The current president of the NDB is Marcos Prado Troyjo from Brazil. The NDB headquarters are situated in Shanghai, China. K.V. Kamath was the first elected president of NDB.

Detailed explanation-3: -Reliance Industries Ltd (RIL) has appointed veteran banker K.V.

Detailed explanation-4: -On June 23, 2022, Mr. Marcos Troyjo, President of the New Development Bank (NDB), reported on the Bank’s achievements to the Leaders of Brazil, Russia, India, China and South Africa at the 14th BRICS Summit, held in a virtual format under the chairmanship of the Government of the People’s Republic of China.

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