New Click here to Enroll for SIDBI MSME Expert Class by ex-GM, SBI on Nov 24

    Register

    Question

    Which of the following is/are True?

    I- The Asian Infrastructure Investment Bank (AIIB) is a multilateral development bank with a mission to improve social and economic outcomes in Asia.

    II- It is headquartered in Beijing.

    III- It has in total 5 members.

    A Only I Correct Answer Incorrect Answer
    B Only II Correct Answer Incorrect Answer
    C Only III Correct Answer Incorrect Answer
    D I & II Correct Answer Incorrect Answer
    E All of the above Correct Answer Incorrect Answer

    Solution

    The members to Bank have now grown to 97 approved members worldwide. There are 27 prospective members including Armenia, Lebanon, Brazil, South Africa, Greece, etc. Fourteen of the G-20 nations are AIIB members including France, Germany, Italy and the United Kingdom.

    Practice Next