5th Annual Meeting of Board of Governors of New Development Bank

Published on April 21, 2020
Current Context: Union Minister of Finance & Corporate Affairs Nirmala Sitharaman attendedthe 5th Annual Meeting of Board of Governors of New Development Bank (NDB) via video-conference in New Delhi.
5th Annual Meeting of Board of Governors of New Development Bank
  • In the meeting, the Finance Minister discussed and praised the NDB’s efforts on fast-tracking of financial assistance of about $5 billion to BRICS countries including Emergency Assistance of $1 billion India to combat COVID-19 pandemic.
  • An annual meeting scheme of social support measures amounting to $25 Billion to alleviate the hardship of the poor and the vulnerable and provided insurance cover of $67,000 per person to over 2.2 million frontline health workers was announced.

Static Part:

  • President of NDB– K V Kamath
  • HQ of NDB– Shanghai, China

Question:

Q.1 Who attended the 5th Annual Meeting of Board of Governors of New Development Bank via video-conference?
a. Nirmala Sitharaman
b. Piyush Goyal
c. Amit Shah
d. Rajnath Singh

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