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Organizations - NDB MCQs

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Organizations - NDB

Organizations - NDB MCQs With Answers

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CSS - PMS - General Knowledge (G.K) Organizations - NDB
What was the bank originally informally called during planning?
A. Global South Court
B. Asian Reserve Bank
C. BRICS Development Bank
D. Shanghai Monetary Union
Correct Answer: C
Before its formal name was adopted, it was often referred to as the BRICS Development Bank.
CSS - PMS - General Knowledge (G.K) Organizations - NDB
What is a main purpose of the NDB?
A. Set interest rates for all countries
B. Finance infrastructure and sustainable development projects
C. Regulate aviation
D. Run peacekeeping operations
Correct Answer: B
The NDB finances development projects in members and other eligible countries.
CSS - PMS - General Knowledge (G.K) Organizations - NDB
In what year did the New Development Bank begin operations?
A. 2001
B. 2020
C. 2015
D. 2010
Correct Answer: C
The NDB became operational in 2015.
CSS - PMS - General Knowledge (G.K) Organizations - NDB
Where is the New Development Bank headquartered?
A. Moscow, Russia
B. New Delhi, India
C. Shanghai, China
D. Beijing, China
Correct Answer: C
NDB headquarters is in Shanghai.
CSS - PMS - General Knowledge (G.K) Organizations - NDB
Which group created the New Development Bank?
A. G7
B. BRICS
C. NATO
D. ASEAN
Correct Answer: B
The NDB was established by the BRICS countries.
CSS - PMS - General Knowledge (G.K) Organizations - NDB
What does NDB stand for in the BRICS context?
A. National Development Bureau
B. Network Development Board
C. Northern Development Bank
D. New Development Bank
Correct Answer: D
NDB is the New Development Bank.
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