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Consider the following statements: 1. New Development Bank has been set up by APEC. 2. The headquarters of New Development Bank is in Shanghai. Which of the statements given above is/are correct?

A1 only
B2 only
CBoth 1 and 2
DNeither 1 nor 2
Answer & Solution
Correct answer: B. 2 only
UPSC CSE Prelims 2016 (GS-I, Set A), Q.67. Answer key: B (coaching consensus; UPSC did not publish an official 2016 AK separately on upsc.gov.in).
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