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?
a
1 only
b
2 only
c
Both 1 and 2
d
Neither 1 nor 2
International OrganizationsMultilateral Development BanksNew Development Bank (NDB)APECBRICSheadquartersShanghai