Question : The BRICS New Development Bank (NDB) has been set up for
Option 1: funding infrastructure projects in emerging economies for sustainable development.
Option 2: funding non-infrastructure projects in emerging economies for sustainable development.
Option 3: funding infrastructural projects in developed countries.
Option 4: funding infrastructural projects in BRICS countries only.
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Correct Answer: funding infrastructure projects in emerging economies for sustainable development.
Solution : The correct answer is funding infrastructure projects in emerging economies for sustainable development.
The New Development Bank (NDB) was founded during the 2014 Sixth BRICS Summit in Fortaleza, Brazil, with its headquarters situated in Shanghai, China. Its main objective is to fund infrastructure and sustainable development projects in member nations and emerging economies. Additionally, it complements existing multilateral development banks by focusing on underserved or underinvested areas, emphasizing environmentally sustainable projects that facilitate social and economic progress.
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Question : The BRICS New Development Bank (NDB) is headquartered at
Option 1: Shanghai
Option 2: New Delhi
Option 3: Brasilia
Option 4: Moscow
Question : The Entrepreneurship Development Scheme (EDS) has been launched under New Economy Development Policy ( NEDP) on January 19, 2017 at ------------.
Option 1: New Delhi
Option 2: Mizoram
Option 3: Gujarat
Option 4: Uttar Pradesh
Question : Punjab National Bank has been honoured with the Golden Peace Award 2002 for excellence in:
Option 1: agricultural finance
Option 2: rural industrialization
Option 3: housing development
Option 4: corporate excellence
Question : SIDBI stands for :
Option 1: small industrial designed Bank of India
Option 2: Small industries development Bank of India
Option 3: Small innovations development banker's institute
Option 4: small industries development Banker institute
Question : Select the option that expresses the given sentence in active voice. A new invention has been made by him.
Option 1: He was making a new invention.
Option 2: He has made a new invention.
Option 3: He had been making a new invention.
Option 4: He were making a new invention.
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