What significant financial institution did the BRICS leaders announce?

VOICED : Lideres del BRICS anuncian nuevo Banco de Desarrollo

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Business, Social Studies, Geography
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9th - 10th Grade
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Hard
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5 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
A development bank
A new stock exchange
A financial advisory board
A cryptocurrency
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the initial capital of the BRICS development bank?
10 billion dollars
30 billion dollars
100 billion dollars
50 billion dollars
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which city will host the headquarters of the new development bank?
Shanghai
Moscow
Beijing
New Delhi
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Who will be the first president of the BRICS development bank?
A Chinese leader
An Indian leader
A Russian leader
A South African leader
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the purpose of the 100 billion dollar contingent reserve agreement?
To fund military operations
To support educational programs
For cooperation among member countries
To invest in technology startups
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