CURRENT AFFAIRS

2023

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Which country joined the BRICS bank as a new member weeks after President Sisi’s India visit?
A
Kuwait
B
Egypt
C
Pakistan
D
Russia
Explanation: 

Detailed explanation-1: -The New Development Bank (NDB) is a multilateral development bank established by Brazil, Russia, India, China and South Africa (BRICS) with the purpose of mobilising resources for infrastructure and sustainable development projects in emerging markets and developing countries (EMDCs).

Detailed explanation-2: -Egypt added as the fourth new member of BRICS New Development Bank. Bangladesh, UAE, and Uruguay joined BRICS New Development Bank in September 2021.

There is 1 question to complete.