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    Question

    Which one of the following countries is not a founding

    member of the New Development Bank?
    A Brazil Correct Answer Incorrect Answer
    B Canada Correct Answer Incorrect Answer
    C Russia Correct Answer Incorrect Answer
    D India Correct Answer Incorrect Answer
    E None of the above Correct Answer Incorrect Answer

    Solution

    The five founding members of the Bank include Brazil, Russia, India, China and South Africa. Bank's Articles of Agreement specify that all members of the United Nations could be members of the bank, however the share of the BRICS nations can never be less than 55% of voting power.

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