The Headquarters of the Bank is Situated at Moscow, Russia :
Which of the following statements with regard to New Development Bank Brics, formerly referred to as the BRICS Development Bank, is/are correct?
1.The Headquarters of the Bank is situated at Moscow, Russia.
2. K. V. Kamath is the first President of the Bank.
Select the correct answer using the code given below.
(a) 1 only (b) 2 only (c) Both 1 and 2 (d) Neither 1 nor 2