Consider the following statements :
1. New Development Bank has been set up by APEC.
2. The headquarters of New Development Bank is in Shanghai.
Which of the statements given above is/are correct?
A. 1 only
B. 2 only
C. Both 1 and 2
D. Neither 1 nor 2
Answer: Option B
Solution(By Examveda Team)
The New Development Bank (NDB), formerly referred to as the BRICS Development Bank, is a multilateral development bank established by the BRICS states (Brazil, Russia, India, China and South Africa).Related Questions on World Organisations
The chairmanship/presidency of the UN Security Council rotates among the Council Members -
A. every 6 months
B. every 3 months
C. every year
D. every month
Which of the following is not a chief organ of the United Nations Organisation?
A. International Labour Organisation
B. Security Council
C. International Court of Justice
D. General Assembly
Permanent Secretariat to coordinate the implementation of SAARC programme is located at -
A. Dhaka
B. New Delhi
C. Colombo
D. Kathmandu
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