Current Affairs - International - Discussion
Discussion Forum : International - Latest Current Affairs (Q.No. 4339)
4339.
The New Development Bank of the BRICS countries have fully disbursed $1 billion emergency assistance loan to India to help it contain the spread of COVID-19. Where is the headquarters of NDB?
Answer: Option
Explanation:
The Shanghai-based New Development Bank of the BRICS (Brazil, Russia, India, China, South Africa) countries have fully disbursed $1 billion emergency assistance loan to India to help it contain the spread of COVID-19 and reduce human, social and economic losses caused by the COVID-19 pandemic. The 'Emergency Assistance Program Loan' to India was approved by the NDB Board of Directors on 30 April.
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