Question:
Which one of the following countries will hold the presidency of the BRICS New Development Bank for the first six years?
Which one of the following countries will hold the presidency of the BRICS New Development Bank for the first six years?
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The presidency of the BRICS New Development Bank rotates among member countries every six years. India's leadership reflects its growing role in global economic governance.
Updated On: Mar 7, 2025
- India
- China
- South Africa
- Russia
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The Correct Option is A
Solution and Explanation
India will hold the presidency of the BRICS New Development Bank for the first six years. The BRICS bank, established to support infrastructure and sustainable development in emerging economies, is an important financial initiative involving Brazil, Russia, India, China, and South Africa.
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