Which country joined as the 9th member of New Development Bank by BRICS in 2025?
Algeria
The New Development Bank (NDB) is a multilateral development bank established by the BRICS nations to fund infrastructure and sustainable development projects in emerging economies.
The bank has gradually expanded its membership beyond the founding BRICS members by admitting new partner countries.
In 2025, Algeria joined the New Development Bank, becoming its 9th member country.
Hence, the country that joined as the 9th member of the New Development Bank in 2025 is Algeria.
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1. Recently, Nigeria has been admitted as "partner country" of BRICS grouping.
2. It is the 15th BRICS partner country.
3. It represents about 40% of the global population.
Which of the above statements is/are correct?
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2. It aims to reduce trade barriers and promote economic cooperation among SAARC member states.
Which of the above statements is/are correct?