Question
Consider the following statements:
1. New Development Bank has been set up by APEC.
2. The headquarters of the New Development Bank is in Shanghai.
Which of the statements given above is/are correct?
Attempt this previous-year question. The correct option stays hidden until you choose.
Consider the following statements:
1. New Development Bank has been set up by APEC.
2. The headquarters of the New Development Bank is in Shanghai.
Which of the statements given above is/are correct?
Pick an option to check yourself.
• Correct Answer: B
• New Development Bank was established by BRICS, not APEC.
• Its headquarters is located in Shanghai, China.
Attempt Prelims MCQs or open Mains questions by paper — then continue the same bank inside the app with visual decks.