2017
Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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How many millions did BRICS Bank approves loans for India and Russia?
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400 millions
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250 millions
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750 millions
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950 millions
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Explanation:
Detailed explanation-1: -Brazil defaults on BRICS bank agreement after Congress blocks payment-The Hindu.
Detailed explanation-2: -New Development Bank (NDB) was formally known as BRICS Development Bank. It was launched in 2015 by Brazil, Russia, India, China, and South Africa (BRICS), a group of major emerging economies. The current president of the NDB is Marcos Prado Troyjo from Brazil. The NDB headquarters are situated in Shanghai, China.
Detailed explanation-3: -BRICS is an acronym for five leading emerging economies: Brazil, Russia, India, China, and South Africa.
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