Question: The First Annual Meeting of the Board of Governors of the BRICS New Development Bank was held at-
(a) New Delhi
(b) Shanghai
(c) Johannesburg
(d) Beijing
Ans: (b)
Related facts:
- On 20 July 2016 the First Annual Meeting of the Board of Governors of the BRICS New Development Bank was held at Shanghai, China.
- Raj Kumar, Joint Secretary, Department of Economic Affairs, Government of India represented the Finance Minister of India and delivered the Governor’s Statement on his behalf.
- It was decided that India will be the Chair of the Board of Governors of the Bank and the second Annual meetings of NDB will be held in India in 2017.
- The New Development Bank (NDB) has completed one year since its establishment in 2015.
- It has headquarters in Shanghai, China and headed by K.V Kamath.
Reference:
http://pib.nic.in/newsite/PrintRelease.aspx?relid=147420