The New Development Bank (NDB) is an initiative of which grouping? MCQ with Answer and Explanation

The New Development Bank (NDB) is an initiative of which grouping?
A. BRICS
B. ASEAN
C. G7
D. SAARC
Answer: Option A
Solution (By JKSSB Mock Tests)
The New Development Bank (formerly BRICS Development Bank) was established by BRICS members in 2015, headquartered in Shanghai.

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Practice More International Organizations Questions

Question #1
Which organization is responsible for promoting industrial development in developing countries?
A. UNIDO
B. WTO
C. World Bank
D. IMF

Correct Answer: Option A


Explanation:
UNIDO (United Nations Industrial Development Organization) is the specialized agency for promoting industrial development.

Question #2
Which of the following countries is a founding member of ASEAN?
A. Vietnam
B. Laos
C. Myanmar
D. Indonesia

Correct Answer: Option D


Explanation:
The five founding members of ASEAN in 1967 were Indonesia, Malaysia, Philippines, Singapore, and Thailand.

Question #3
Where is the headquarters of the United Nations located?
A. Geneva
B. Paris
C. London
D. New York

Correct Answer: Option D


Explanation:
The United Nations headquarters is located in New York City, USA.