2021
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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The New development Bank has issued how much amount of benchmark bond?
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1 billion
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1.7 billion
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1.5 billion
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2.0 billion
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Explanation:
Detailed explanation-1: -Originally New Development Bank was known as BRICS Development Bank, as it is a global development bank founded by the countries of BRICS (Brazil, Russia, India, China, and South Africa). The headquarter of NDB is in China.
Detailed explanation-2: -Q. Which country is the new member of the BRICS New Development Bank (NDB)? Notes: The BRICS New Development Bank (NDB) announced that it will add Egypt as its new member. NDB was established by BRICS nations, namely Brazil, Russia, India, China, and South Africa, in the year 2015.
Detailed explanation-3: -NDB’S MEMBER COUNTRIES The New Development Bank (NDB) was established in 2015 by BRICS countries – Brazil, Russia, India, China and South Africa.
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