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S1: The New Development Bank (NDB) has been instituted with a vision to support and foster infrastructure and sustainable initiatives in emerging economies. S6: India is one of the largest borrowers from the Bank in the sectors of transport, health, water and financial sectors. P: The purpose of the Bank is to mobilise resources for infrastructure and sustainable projects in BRICS and other emerging economies. Q: Each member country has a shareholding of 20 per cent. R: The founding members of the NDB-Brazil, Russia, India, China and South Africa-brought in capital USD 1 billion as initial contribution. S: India and other four founding members have equal shareholding in the Bank. The correct sequence should be

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S1: The New Development Bank (NDB) has been instituted with a vision to support and foster infrastructure and sustainable initiatives in emerging economies. S6: India is one of the largest borrowers from the Bank in the sectors of transport, health, water and financial sectors. P: The purpose of the Bank is to mobilise resources for infrastructure and sustainable projects in BRICS and other emerging economies. Q: Each member country has a shareholding of 20 per cent. R: The founding members of the NDB-Brazil, Russia, India, China and South Africa-brought in capital USD 1 billion as initial contribution. S: India and other four founding members have equal shareholding in the Bank. The correct sequence should be
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