Current Affairs · International Financial Institutions
Consider the following statements regarding the New Development Bank (NDB): Assertion (A): The New Development Bank gives priority to projects aimed at developing renewable energy sources. Reason (R): The aim of the New Development Bank is to promote environmental protection and sustainable infrastructure development. Select the correct answer from the options below:
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1A is false, but R is true.
- 2A is true, but R is false.
- 3Both A and R are true, and R is the correct explanation of A.✓
- 4Both A and R are true, but R is NOT the correct explanation of A.
Correct answer
Both A and R are true, and R is the correct explanation of A.
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