world_organizations medium Fill in the Blank

The New Development Bank (NDB), established by BRICS countries, has its headquarters in _____, China.

  1. Beijing
  2. Shanghai
  3. Shenzhen
  4. Guangzhou

Answer: Shanghai

The New Development Bank (NDB), formerly BRICS Development Bank, was established in 2014 and is headquartered in Shanghai, China. It mobilizes resources for infrastructure and sustainable development projects in BRICS and other emerging economies.

Topic BRICS
Exam Relevance UPSC, Banking, SSC
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