UPSC Previous Year Question | Prelims GS | 2019

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?

  1. 1 only
  2. 2 and 3 only
  3. 1 and 3 only
  4. 1, 2 and 3

Answer

Correct Answer

1 only

Explanation

AIIB has more than 80 members. China is the largest shareholder (India is the second largest), and AIIB has non-regional (non-Asian) members as well. Only statement 1 is correct.

Topics: asian infrastructure investment bank (aiib), international organisations, international relations, multilateral development banks