Join WhatsApp ChannelDaily MCQs & Exam Updates
Current Affairs Medium CSS Uploaded: 01 Sep 2026

Which multilateral development bank institution is a member of the BRICS grouping's financial architecture?

  • A Asian Development Bank
  • B African Development Bank
  • C New Development Bank (NDB)
  • D Asian Infrastructure Investment Bank
Correct Answer: Option C — New Development Bank (NDB)
Explanation:
The New Development Bank (NDB), founded by BRICS nations, serves as the bloc's principal multilateral development finance institution, supporting infrastructure and sustainable development projects among member countries.
Submitted by: PaperMCQs
Related MCQs