Which one of the following countries will hold the presidency of the BRICS New Development Bank for the first six years?
Which one of the following countries will hold the presidency of the BRICS New Development Bank for the first six years?
[A]India
[B]China
[C]South Africa
[D]Russia
India
India will hold the presidency of the BRICS New Development Bank for the first six years. The bank will be based in Shanghai, China. India’s presidency will be followed by Brazil and Russia, who will have five year terms each.