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GK QUESTION#1236

The Americas Regional Office of the New Development Bank (NDB) was announced to be set up in which city during the 2018 BRICS Foreign Ministers' Meeting?

  1. ASão PauloCorrect answer
  2. BBuenos Aires
  3. CMexico City
  4. DNew York
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Answer

A. São Paulo

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Explanation

São Paulo (Brazil). The New Development Bank was established in 2014 by the BRICS countries-Brazil, Russia, India, China, and South Africa. Headquarter - Shanghai, China.

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