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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 only
  • b)
    2 and 3 only
  • c)
    1 and 3 only
  • d)
    1, 2 and 3
Correct answer is option 'A'. Can you explain this answer?
Most Upvoted Answer
With reference to Asian Infrastructure Investment Bank (AIIB), conside...
• S1 AIIB has more than 100 members now.
• S2: China is the largest shareholder with 26.61 % voting shares in the bank followed by India (7.6%), Russia (6.01%) and Germany (4.2 %).
• S3: It has members from outside Asia such as Fiji, New Zealand etc. Membership in AIIB is open to members of the International Bank for Reconstruction and Development or the Asian Development Bank.
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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 onlyb)2 and 3 onlyc)1 and 3 onlyd)1, 2 and 3Correct answer is option 'A'. Can you explain this answer?
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