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With reference to Asian Infrastructure Investment Bank (AIIB), consider the following statements
1. AIIB has more than 80 member nations.
2. India is the largest shareholder in AIIB.
3. AIIB does not have any members from outside Asia.
Which of the statements given above is / are correct?
  • a)
    1 and 2 only
  • b)
    1 and 3 only
  • c)
    1 only
  • d)
    All of the above
Correct answer is option 'C'. Can you explain this answer?
Verified Answer
With reference to Asian Infrastructure Investment Bank (AIIB), conside...
Headquartered in Beijing, the Asian Infrastructure Investment Bank (AIIB) is a development bank established to boost lending for projects in sectors like energy, transportation, urban construction, logistics, education and healthcare. AIIB presently has 97 approved members worldwide. The Bank has invested in 13 member regions; it has members from outside Asia in Egypt (Middle East), Azerbaijan (Asia and Europe) and others. The three largest shareholders of the bank are China, India and Russia.
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With reference to Asian Infrastructure Investment Bank (AIIB), consider the following statements1. AIIB has more than 80 member nations.2. India is the largest shareholder in AIIB.3. AIIB does not have any members from outside Asia.Which of the statements given above is / are correct?a)1 and 2 onlyb)1 and 3 onlyc)1 onlyd)All of the aboveCorrect answer is option 'C'. Can you explain this answer?
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With reference to Asian Infrastructure Investment Bank (AIIB), consider the following statements1. AIIB has more than 80 member nations.2. India is the largest shareholder in AIIB.3. AIIB does not have any members from outside Asia.Which of the statements given above is / are correct?a)1 and 2 onlyb)1 and 3 onlyc)1 onlyd)All of the aboveCorrect answer is option 'C'. Can you explain this answer? for UPSC 2024 is part of UPSC preparation. The Question and answers have been prepared according to the UPSC exam syllabus. Information about With reference to Asian Infrastructure Investment Bank (AIIB), consider the following statements1. AIIB has more than 80 member nations.2. India is the largest shareholder in AIIB.3. AIIB does not have any members from outside Asia.Which of the statements given above is / are correct?a)1 and 2 onlyb)1 and 3 onlyc)1 onlyd)All of the aboveCorrect answer is option 'C'. Can you explain this answer? covers all topics & solutions for UPSC 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for With reference to Asian Infrastructure Investment Bank (AIIB), consider the following statements1. AIIB has more than 80 member nations.2. India is the largest shareholder in AIIB.3. AIIB does not have any members from outside Asia.Which of the statements given above is / are correct?a)1 and 2 onlyb)1 and 3 onlyc)1 onlyd)All of the aboveCorrect answer is option 'C'. Can you explain this answer?.
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