Consider the following statements: BRICS countries has signed an agreement with China to place the Headquarters of New Development Bank in Shanghai. The agreement was signed by Chinese Foreign Minister Wang Yi and K V Kamath. The bank also signed a separate Memorandum of Understanding (MoU) with the local Municipal government headed by Mayor Yang Xiong. The new bank will start issuing loans to green energy ventures and infrastructure projects from April 2016. Which of the above statements are correct? Options: A . &nbsp1, 3 & 4 B . &nbsp1, 2 & 3 C . &nbsp2, 3 & 4 D . &nbspAll are correct

Consider the following statements: BRICS countries has signed an agreement with

Question - Consider the following statements:

BRICS countries has signed an agreement with China to place the Headquarters of New Development Bank in Shanghai.
The agreement was signed by Chinese Foreign Minister Wang Yi and K V Kamath.
The bank also signed a separate Memorandum of Understanding (MoU) with the local Municipal government headed by Mayor Yang Xiong.
The new bank will start issuing loans to green energy ventures and infrastructure projects from April 2016.

Which of the above statements are correct?

Options:

A . 1, 3 & 4

B . 1, 2 & 3

C . 2, 3 & 4

D . All are correct

Answer: Option D
Answer: (d)All the above mentioned statements are correct.

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