Egypt added as the fourth new member of BRICS New Development Bank. Bangladesh, UAE, and Uruguay joined BRICS New Development Bank in September 2021. Membership expansion enables New Development Bank to position itself as a premier development institution for emerging economies. BRICS New Development Bank is a multilateral bank that was established by Brazil, Russia, China, India, and South Africa to finance sustainable development and infrastructure projects.
Buy Prime Test Series for all Banking, SSC, Insurance & other exams
The new list of New Development Bank member countries:
| S.No | Member Countries |
| 1 | Brazil |
| 2 | Russia |
| 3 | India |
| 4 | China |
| 5 | South Africa |
| 6 | Bangladesh |
| 7 | United Arab Emirates |
| 8 | Egypt |
| 9 | Uruguay |
Important takeaways for all competitive exams:
Gwalior is set to emerge as a significant telecom manufacturing center with the upcoming development…
Minister of Home Affairs and Minister of Cooperation Amit Shah is all set to inaugurate…
Chandni Chowk’s historic Town Hall complex is gearing up for a new beginning as the…
Smriti Mandhana scripted another history in the international cricket again as she became the leading…
The Defense Research & Development Organization (DRDO) plans to bring its 30kW-class directed energy weapon…
Theja Rio, a filmmaker from Nagaland, India, has won the Platform Prize at the Toronto…