29) New Development bank Flashcards by Nikhil M | Brainscape

Q

When was it established ?

A

2014

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Q

Who established it ?

A

BRICS states in Fortaleza

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Q

HQ ?

A

Shanghai China

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Q

Does any member country have a veto ?

A

NOO , all members have one vote

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Q

Recent important development ?

A

It got observer status in UNGA in 2018

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