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New Development Bank (NDB) It is a multilateral development bank jointly founded by the BRICS countries (Brazil, Russia, India, China and South Africa) at the 6th BRICS Summit in Fortaleza, Brazil in 2014. NDB was formed to support infrastructure and sustainable development efforts in BRICS and other underserved, emerging economies for faster development through innovation and cutting-edge technology. It is headquartered in Shanghai, China. In 2018, the NDB received observer status in the United Nations General Assembly. The five countries have an equal vote share and have pooled in the same amount of capital on inception. No member country has any veto power.
A invested Rs. 3X in a business. After four months B Joined him with Rs. 3X and A double his investment. If at the end of the years total profit ...
A and B together started a business with initial investment in the ratio of 2:3, respectively. The time-period of investment for A and B is in the ratio...
Armaan began a business with an initial investment of Rs. 2400. After 8 months, Bhuvan entered the business with an amount such that Armaan's investment...
'Ashish' started a business by investing Rs.15,000. 'm' months later, 'Arjun' joined him by investing Rs. 10,000. 4 months after joining the business, '...
Sonia and Isha started a business with investments of Rs. 3100 and Rs. 2300, respectively. Four months into the business, Jai joined them with an invest...
Brahma, Vishnu and Mahesh invested money in the ratio of 1/2:1/3:1/4 in a business. After 4 months, Brahma doubled his investment and after 6 months, Vi...
Anuj and Bheem began a business by investing Rs. Z and Rs. (Z + 2,500), respectively. After operating together for 16 months, Anuj withdrew from the bus...
A, B and C invested in a business in the ratio 6:8:9. If B invested for a period whose numerical value is 112.5% of B’s investment but A and C inv...
M and N started a business by investing Rs.5000 and Rs.6000 respectively. After 6 months, M and N increased their investments by 40% and Rs.2000 respect...
A and B started a business with investments in the ratio 5:4 respectively. After 4 months, C joined them with an investment 50% more than the inv...