With reference to Asian Infrastructure Investment Bank (AIIB), consider the following statements : 1. AIIB ha…
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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?
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• Correct Answer: A
• AIIB began operations in 2016 with 57 founding members and has grown to over 100 approved member nations.
• China is the largest shareholder (~30%), India is second (~8%); non-regional members include Germany, France, UK, Canada, and Brazil.
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