With reference to Asian Infrastructure Investment Bank (AIIB), consider the following statements:
1. AIIB has

Question

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?

Accepted Answer

Let's analyze each statement regarding the Asian Infrastructure Investment Bank (AIIB):

1. AIIB has more than 80 member nations. This statement is correct. The Asian Infrastructure Investment Bank has grown significantly since its inception. As of recent data, AIIB has well over 100 approved members from across the globe. Therefore, stating that it has "more than 80 member nations" is accurate.

2. India is the largest shareholder in AIIB. This statement is incorrect. China is the largest shareholder in the AIIB, holding the largest voting share. India is the second-largest shareholder, but not the largest.

3. AIIB does not have any members from outside Asia. This statement is incorrect. While it is an 'Asian' infrastructure bank and Asia-Pacific countries form the majority, AIIB has a significant number of members from outside Asia, including countries from Europe, Africa, North America (e.g., Canada), and South America. Its membership is global.

Thus, only statement 1 is correct.

Answer

1 only

Answer

2 and 3 only

Answer

1 and 3 only

Answer

1, 2 and 3

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?

Explanation

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