Mock test objective-type questions, prelims MCQ questions with answers on New Development Bank
Mock test objective-type questions, prelims MCQ questions with answers every day for UPSC IAS exam preparation.
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UPSC, PSCs [Multiple (MCQ Quiz) With Answers.Mock test objective-type questions, prelims MCQ questions with answers every day for UPSC IAS exam preparation.
- When was the New Development Bank (NDB) established?
Answer: The New Development Bank (NDB) was established on July 15, 2014.
- Which of the following countries is NOT a founding member of the New Development Bank (NDB)?
a) Brazil b) Russia c) India d) China e) South Africa
Answer: None of the above. All the above-mentioned countries are founding members of the New Development Bank (NDB).
- What is the initial authorized capital of the New Development Bank (NDB)?
a) USD 100 billion b) USD 50 billion c) USD 20 billion d) USD 10 billion
Answer: The initial authorized capital of the New Development Bank (NDB) is USD 100 billion.
- Where is the headquarters of the New Development Bank (NDB) located?
a) Shanghai, China b) Moscow, Russia c) New Delhi, India d) Johannesburg, South Africa e) Brasília, Brazil
Answer: The headquarters of the New Development Bank (NDB) is located in Shanghai, China.
- What is the primary objective of the New Development Bank (NDB)?
a) To promote international trade b) To provide loans to developed countries c) To finance sustainable development projects in emerging economies d) To regulate global financial markets
Answer: The primary objective of the New Development Bank (NDB) is to finance sustainable development projects in emerging economies.
- Which of the following sectors is NOT a priority area for the New Development Bank (NDB)?
a) Renewable energy b) Transport infrastructure c) Water sanitation d) Defense technology
Answer: Defense technology is not a priority area for the New Development Bank (NDB).
- Which of the following is NOT a financial product offered by the New Development Bank (NDB)?
a) Project financing b) Corporate financing c) Equity financing d) Guarantees and warranties
Answer: Equity financing is not a financial product offered by the New Development Bank (NDB).
- Which of the following countries was the first to receive a loan from the New Development Bank (NDB)?
a) India b) Russia c) Brazil d) China e) South Africa
Answer: The first country to receive a loan from the New Development Bank (NDB) was China.
- Who is the current President of the New Development Bank (NDB)?
a) K. V. Kamath b) Marcos Troyjo c) Jin Liqun d) Haruhiko Kuroda
Answer: Marcos Troyjo is the current President of the New Development Bank (NDB).
- Which of the following international organizations is NOT a member of the New Development Bank (NDB)?
a) International Monetary Fund (IMF) b) World Bank c) United Nations Development Programme (UNDP) d) Asian Development Bank (ADB)
Answer: The United Nations Development Programme (UNDP) is not a member of the New Development Bank (NDB).
