state gov APPSC (ఆంధ్రప్రదేశ్) Group 2 (Pre + Mains) Mock Test 2023 Current Affairs Business and Economy
Consider the following statements:
1. The New Development Bank (NDB) was created to provide short-term liquidity support to BRICS nations during financial crises.
2. The Contingent Reserve Arrangement (CRA) is designed to fund sustainable development and infrastructure projects in BRICS and other developing countries.
3. BRICS nations are actively working to reduce reliance on the US dollar, including exploring a common payment settlement mechanism.
Which of the statements given above is/are correct?
1
1 and 2 only
2
3 only
3
1 and 3 only
4
2 and 3 only