Which of the following countries became a member of the BRICS’ New Development Bank in May 2025?
Algeria
Algeria deposited its instrument of accession on 19 May 2025, becoming the New Development Bank's (NDB) ninth member country, after nations like Bangladesh, the UAE, and Egypt had earlier joined.
The NDB, headquartered in Shanghai, was established by the BRICS grouping in 2015 to fund infrastructure and sustainable development projects, and Algeria's entry extended its reach into North Africa.
Hence, the correct answer is Algeria.
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Important Questions from International Organizations
What is the primary purpose of NATO's newly announced mission, Baltic Sentry?
Consider the following statements with reference to BRICS:
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?
Which country was recently admitted as a partner country of the BRICS bloc?
Which country has announced its withdrawal from the World Health Organization (WHO)?
Consider the following statements with reference to South Asian Free Trade Area (SAFTA):
1. Recently, Solvent Extractors’ Association of India urged the central government to regulate the surge of refined soybean and palm oil imports from Nepal citing ‘Rule of Origin’ norm’s violation.
2. It aims to reduce trade barriers and promote economic cooperation among SAARC member states.
Which of the above statements is/are correct?
