New Development Bank (NDB) is a multilateral development bank established in 2014. How many countries are members of NDB?
Show answer & explanation
Correct answer: C
Explanation
The correct answer is Option 3. i.e. 5.
- New Development Bank (NDB) is a multilateral development bank established by BRICS countries i.e. Brazil, Russia, India, China and South Africa.
- We play an active role in expanding our impact on EMDCs by providing financing for infrastructure and sustainable development projects.