The New Development Bank, formed by the BRICS countries, was established in 2014/2015. As per the agreement, the first president of the NDB was to be nominated by India for a five-year term. K. V. Kamath, a veteran banker from India, was appointed as the first President.
The first (and current) President of the New Development Bank, headquartered at Shanghai, China and formed by countries of the BRIC block is nominated by India. Who among the following is the current incumbent ?
Asked in OPSC CS Prelims 2015 · Topic: External Commercial Borrowings (ECB) (Definition and Objectives of External Commercial Borrowings (ECB))
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