2020
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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The New Development Bank of the BRICS countries have fully disbursed $1 billion emergency assistance loan to India to help it contain the spread of COVID-19. Where is the headquarters of NDB?
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Beijing
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Seoul
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Shanghai
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Kuala Lumpur
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Explanation:
Detailed explanation-1: -The New Development Bank shall have an initial subscribed capital of US$ 50 billion and an initial authorized capital of US$ 100 billion.
Detailed explanation-2: -WASHINGTON, DC, September, 21, 2022 - The World Bank’s Executive Board of Directors today approved a $350 million loan to the western Indian state of Gujarat to improve the quality and access of its public healthcare services, with special focus on adolescent girls and disease surveillance.
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