UPSC Prelims 2019 – Question 71

Q71. With reference to the 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

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.

For UPSC Prelims Resources, Click here

For Daily Updates and Study Material:

Join our Telegram Channel – Edukemy for IAS

• 1. Learn through Videos – here
• 2. Be Exam Ready by Practicing Daily MCQs – here
• 3. Daily Newsletter – Get all your Current Affairs Covered – here
• 4. Mains Answer Writing Practice – here

Visit our YouTube Channel – here