Which one of the following countries is not a founding member of the New Develop- ment Bank?

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Q: (CDS-II/2019)

Which one of the following countries is not a founding member of the New Develop- ment Bank?

question_subject: 

Economics

question_exam: 

CDS-II

stats: 

0,24,29,6,24,20,3

keywords: 

{'countries': [1, 0, 2, 6], 'india': [8, 1, 7, 13], 'canada': [0, 0, 1, 0], 'brazil': [0, 0, 1, 0], 'founding': [0, 0, 0, 3]}

The New Development Bank (NDB) is an international financial institution that was established by the BRICS countries - Brazil, Russia, India, China, and South Africa. These countries founded the bank in order to provide financing for infrastructure and sustainable development projects in emerging economies.

Option 1: Brazil - Brazil is one of the founding members of the New Development Bank. This means that Brazil was one of the countries that participated in the establishment of the bank and is actively involved in its operations.

Option 2: Canada - The correct answer is option 2. Canada is not a founding member of the New Development Bank. While Canada is also a member of the BRICS countries, it is not part of the founding group that established the bank.

Option 3: Massie - Massie is not a country. Therefore, it cannot be considered a founding member of the New Development Bank.

Option 4: India - India is one of the founding members of the New Development Bank. Like Brazil, India participated in the establishment of the bank and is actively involved in its operations.

In conclusion, the correct answer is option 2: Canada. Canada is not a founding member of the New Development Bank.

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