Current Affairs - International - Discussion

Discussion Forum : International - Latest Current Affairs (Q.No. 5911)
5911.
How many millions did BRICS Bank approves loans for India and Russia?
750 millions
250 millions
400 millions
950 millions
Answer: Option
Explanation:
New Development Bank (NDB) floated by BRICS nations approved two infrastructure and sustainable development projects in India and Russia with loans of $400 million. These projects are in line with NDB's primary objective to provide financial support for infrastructure and sustainable development in Brazil, Russia, India, China and South Africa (BRICS). NDB approved total seven projects worth $1.5 billion.
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