Q. The BRICS New Development Bank (NDB) has been set up for

A
Funding infrastructure projects in emerging economics for sustainable development
B
Funding non-infrastructure projects in emerging economics for sustainable development
C
Funding infrastructural projects in developed countries
D
Funding infrastructural projects in BRICS countries only
Solution:

The New Development Bank is established with the objective of financing infrastructure and sustainable development projects in BRICS and other emerging economies and developing countries.

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