{"id":29596,"date":"2020-04-21T12:51:00","date_gmt":"2020-04-21T12:51:00","guid":{"rendered":"https:\/\/www.gkseries.com\/blog\/?p=29596"},"modified":"2020-10-07T12:53:37","modified_gmt":"2020-10-07T12:53:37","slug":"5th-annual-meeting-of-board-of-governors-of-ndb","status":"publish","type":"post","link":"https:\/\/www.gkseries.com\/blog\/5th-annual-meeting-of-board-of-governors-of-ndb\/","title":{"rendered":"5th Annual Meeting of Board of Governors of NDB"},"content":{"rendered":"\n<p>The Board of Governors (BoG) of the New Development Bank (NDB) held its Fifth Annual Meeting virtually on April 20, 2020.<\/p>\n\n\n\n<p><a href=\"https:\/\/www.gkseries.com\/blog\/current-affairs-quiz-2019-daily-gk\/\" target=\"_blank\" rel=\"noreferrer noopener\"><strong>Daily Current Affairs Quiz 2020<\/strong><\/a><\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Key-Points<\/h2>\n\n\n\n<p>NDB&#8217;s efforts to deliver its mandate successfully by taking a more sustainable and inclusive approach were highlighted.<\/p>\n\n\n\n<p>The Minister discussed the bank&#8217;s effort on fast-tracking of financial assistance of about $5 billion to BRICS countries including Emergency Assistance of $1 billion India to combat COVID-19 pandemic.<\/p>\n\n\n\n<p>The Bank has directed the bank&#8217;s assistance under this facility to be enhanced to $10 billion.<\/p>\n\n\n\n<p>The bank has initiated the creation of a COVID-19 Emergency Fund and supported India&#8217;s efforts in supplying critical medicine to the needy countries to tackle the COVID-19.<\/p>\n\n\n\n<p>The various measurements of the bank to support India in tackling the COVID-19 pandemic include an allocation of $2 Billion by GoI to strengthen the healthcare system.<\/p>\n\n\n\n<p>It also announced a scheme of social support measures amounting to $25 Billion to alleviate the hardship of the poor and the vulnerable and provided insurance cover of $67,000 per person to over 2.2 million frontline health workers.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Board of Governors (BoG) of the New Development Bank (NDB) held its Fifth Annual Meeting virtually on April 20, 2020. Daily Current Affairs Quiz 2020 Key-Points NDB&#8217;s efforts to deliver its mandate successfully by taking a more sustainable and inclusive approach were highlighted. The Minister discussed the bank&#8217;s effort on fast-tracking of financial assistance [&hellip;]<\/p>\n","protected":false},"author":404,"featured_media":29597,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"default","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","ast-disable-related-posts":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"footnotes":""},"categories":[1012],"tags":[],"class_list":["post-29596","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-current-affairs-april-2020"],"_links":{"self":[{"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/posts\/29596","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/users\/404"}],"replies":[{"embeddable":true,"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/comments?post=29596"}],"version-history":[{"count":1,"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/posts\/29596\/revisions"}],"predecessor-version":[{"id":29598,"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/posts\/29596\/revisions\/29598"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/media\/29597"}],"wp:attachment":[{"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/media?parent=29596"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/categories?post=29596"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/tags?post=29596"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}