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.
Similar Questions
Which of the following statements is/are TRUE about the FIRST EA₹N RuPay Credit Card?
1. It is a secured credit card, meaning it's backed by a fixed deposit (FD).
2. It allows users to make UPI transactions.
3. The card offers no rewards or benefits.
Mark the correct statement from the above using the codes given below:
Consider the following statements regarding Ujjivan Small Finance Bank's (USFB) application for a universal banking license:
1. It aims to broaden USFB's financial service offerings, including venturing into corporate banking.
2. A universal banking license would likely increase USFB's regulatory burden.
3. This transition reflects a broader trend among small finance banks seeking greater operational scope.
Mark the correct statement from the above using the codes given below:
Which bank has partnered with J.P. Morgan to launch India’s first 24/7 USD payment service?
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Consider the following statements regarding Bima Trinity:
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2. It aims to make insurance more accessible, affordable, and efficient.
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Mark the correct statement from the above using the codes given below:
Which of the following schemes has been launched by SBI Mutual Fund to focus on PSU banks?
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Mark the correct statement from the above using the codes given below:
Important Questions from Banking Affairs
Who has been appointed as the new Chairman and Managing Director of SIDBI, in April 2021?
What is the picture on the reverse side of the new 2000 rupee note of the Mahatma Gandhi (New) series?
As per the provisions of Union Budget 2021-22, how many public sector banks have been lined up for disinvestment?
Which country has the largest number of bank branches in the world?
Which bank's tag line is, "Badhti ka nam Zindagi."?
