2017
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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From the NDB, how much loan amount has been sought by India for various projects?
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USD 3 billion
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USD 2 billion
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USD 4 billion
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USD 1 billion
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Explanation:
Detailed explanation-1: -CAPITAL STRUCTURE AND SUBSCRIPTION The New Development Bank (NDB) has an authorized capital of USD 100 billion, which is divided into one million shares that have a par value of one hundred thousand dollars each.
Detailed explanation-2: -(iii) India is the second-largest shareholder of the NDB.
Detailed explanation-3: -The NDB admitted Bangladesh, United Arab Emirates (UAE) and Uruguay as its new members in September.
There is 1 question to complete.