The first annual meeting of the Board of Governors of BRICS New Development Bank has been held in which country?

The first annual meeting of the Board of Governors of BRICS New Development Bank has been held in which country?
[A]China
[B]India
[C]South Africa
[D]Russia

China
The first annual meeting of the Board of Governors of BRICS New Development Bank (NDB) has been held at Shanghai, China. The 2016 meeting marks the commencement of the phase of immense work for realization of NDB’s vision of providing catalytic resources for sustainable infrastructure to the founder members and other emerging and developing economies. India will be the Chair of the Board of Governors of the Bank and the 2nd annual meetings of NDB will be held in India in 2017.

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