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World Geography - General Knowledge Questions
In August 2017, New Development Bank (NDB) approved $ 1.4 billion loan for development projects in India, Russia, and China. Where is NDB headquarter?
A)
Beijing
B)
Shanghai
C)
Washington
D)
Moscow

Correct Answer :   Shanghai

The bank is headquartered in Shanghai, China. The first regional office of the NDB is in Johannesburg, South Africa. The second regional office was established in 2019 in São Paulo, Brazil, followed by Moscow, Russia.

Published On : June 30, 2021
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