2021
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Which three nations have been admitted as new members of New Development Bank?
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UAE, Bangladesh, Uruguay
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Canada, UK, Australia
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UAE, France, Australia
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Pakistan, Sri Lanka, Bangladesh
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Explanation:
Detailed explanation-1: -The correct answer is Egypt. India welcomed Egypt’s entry as the fourth new member of the New Development Bank (NDB). The NDB admitted Bangladesh, United Arab Emirates (UAE), and Uruguay as its new members in September 2021.
Detailed explanation-2: -The Bank is headquartered in Shanghai, China with regional offices in South Africa and Brazil. Mr. K.V. Kamath from India was the first President of the NDB (2015-2020).
Detailed explanation-3: -“India welcomes Egypt as the fourth new member of #BRICS #NewDevelopmentBank family. Bangladesh, UAE & Uruguay joined in Sep 2021. Membership expansion enables NDB in to position itself as a premier development institution for emerging economies, ” he tweeted.
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