Regarding the New Development Bank (NDB), consider the following statements:
Algeria became a full member of the NDB in 2025 by formally submitting its instrument of accession.
Despite the inclusion of several new members, the founding BRICS nations are required to collectively maintain at least 55% of the bank’s total shareholding.
Which of the above statements is/are correct?
(a) Only 1
(b) Only 2
(c) Both 1 and 2
(d) Neither 1 nor 2
Course Purchase Query 