MCQ
Which one of the following countries will hold the presidency of the BRICS New Development Bank for the first six years?
Options
India
China
South Africa
Russia
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Solution
India
Explanation:
India will hold the presidency of the BRICS New Development Bank for the first six years. The bank will be based in Shanghai, China. India's presidency will be followed by Brazil and Russia, who will have five year terms each.
Concept: Static General Knowledge (Entrance Exam)
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