General Knowledge · International Organizations
Which of the following statements about the New Development Bank's (NDB) voting structure is true?
- 1Voting power is based on the GDP of the member nations.
- 2Voting power is based on the population of the member nations.
- 3Each founding member has equal voting rights without any veto power.✓
- 4China has exclusive veto power over all key operational decisions.
Correct answer
Each founding member has equal voting rights without any veto power.
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