BRICS adopted the 'New Development Bank' during which summit? MCQ with Answer and Explanation

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BRICS adopted the 'New Development Bank' during which summit?

A. 7th Summit (Ufa, 2015)

B. 5th Summit (Durban, 2013)

C. 4th Summit (New Delhi, 2012)

D. 6th Summit (Fortaleza, 2014)

Answer: Option D

Solution (By JKSSB Mock Tests)

The agreement to establish the New Development Bank was signed at the 6th BRICS Summit in Fortaleza, Brazil, in 2014.

This question belongs to: Static General Knowledge International Organizations

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Where is the headquarters of the International Atomic Energy Agency (IAEA)?

A. Vienna

B. Geneva

C. New York

D. Paris

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Correct Answer: Option A

Explanation:
The IAEA headquarters is located in Vienna, Austria.

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Question #2

Which organization was replaced by the WTO?

A. League of Nations

B. Bretton Woods System

C. GATT

D. UN

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Correct Answer: Option C

Explanation:
The WTO replaced the General Agreement on Tariffs and Trade (GATT).

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Question #3

Where is the headquarters of the WTO?

A. Geneva

B. Rome

C. New York

D. Washington, D.C.

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Correct Answer: Option A

Explanation:
The headquarters of the WTO is in Geneva, Switzerland.

This question belongs to: Static General Knowledge International Organizations

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