Q71. With reference to the Asian Infrastructure Investment Bank (AIIB), consider the following statements:
- AIIB has more than 80 member nations.
- India is the largest shareholder in AIIB.
- 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
Answer: A
- Statement 1 is correct: The bank currently has 103 member nations.
- Statement 2 is not correct: China is the largest shareholder (shareholding 30.77%) in AIIB followed by India (shareholding 8.64%), Russia (6.75%) and Germany (4.63%).
- Statement 3 is not correct: AIIB has 39 nonregional members (members from outside Asia) as well. Some of them are Austria, Canada, Finland, etc.
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