Question : The BRICS New Development Bank (NDB) is headquartered at
Option 1: Shanghai
Option 2: New Delhi
Option 3: Brasilia
Option 4: Moscow
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Correct Answer: Shanghai
Solution : The correct answer is Shanghai .
The New Development Bank (NDB), previously named the BRICS Development Bank, is an international financial institution created by the BRICS nations, which include Brazil, Russia, India, China, and South Africa. Its headquarters are located in Shanghai, China. Additionally, it has garnered membership from other countries, such as Bangladesh, Uruguay, the United Arab Emirates, and Egypt.
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