Recently, which country announced its decision to join the New Development Bank (NDB), a multilateral financial institution established by BRICS?
Indonesia
Why in the News?
“Indonesia Joins New Development Bank to Boost Infrastructure and Economic Growth”
Recently, Indonesia announced its decision to join the New Development Bank (NDB), founded by BRICS nations to finance sustainable development and infrastructure projects. President Prabowo Subianto stated that NDB membership will support Indonesia’s economic transformation, focusing on infrastructure, renewable energy, and technology.
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Important Questions from Banking Affairs
As per the provisions of Union Budget 2021-22, how many public sector banks have been lined up for disinvestment?
What is the repo rate given by the Reserve Bank of India’s (RBI) Monetary Policy Committee (MPC) as on 7 April 2021?
On 25 September 2020,_________ announced that they will launch a contactless debit card-based payment facility through phones called 'Safe Pay', allowing transactions up to ₹20,000 per day.
In November 2020, India and _________ jointly launched Phase 2 of the Rupay card.
In November 2020, the Union Cabinet of India approved the merger of capital-starved Lakshmi Vilas Bank (LVB) with _______________.
