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

Question
BRICS adopted the 'New Development Bank' during which summit?
A. 4th Summit (New Delhi, 2012)
B. 7th Summit (Ufa, 2015)
C. 5th Summit (Durban, 2013)
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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Question #1
Which international organization facilitates the 'Ease of Doing Business' index?
A. UNCTAD
B. IMF
C. WTO
D. World Bank
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Correct Answer: Option D

Explanation:
The World Bank published this index to measure regulations enhancing business activity.
This question belongs to: Static General Knowledge International Organizations
Question #2
Which of the following statements about the G20 is correct?
A. India is not a permanent member
B. It includes only the world’s richest nations
C. It consists of 19 countries and the European Union
D. Its membership is fixed at 20 countries without EU
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Correct Answer: Option C

Explanation:
The G20 comprises 19 individual countries (including India) plus the European Union, representing the world’s major economies.
This question belongs to: Static General Knowledge International Organizations
Question #3
In which year was the World Health Organization (WHO) established?
A. 1950
B. 1952
C. 1948
D. 1945
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Correct Answer: Option C

Explanation:
The WHO was established on 7th April 1948.
This question belongs to: Static General Knowledge International Organizations
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