Consider the following statements with respect to the New Development Bank:

1. It was established at the fourth BRICS summit in New Delhi

2. The Bank’s membership is open to members of the United Nations.

3. China has the highest percentage of subscribed capital in the Bank

Which of the statements given above is/are correct?

1
1 and 2 only
2
1 only
3
2 only
4
2 and 3 only

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