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    Question

    _____ Invests USD 150 million in Development of Data

    Centres Serving in Asia.
    A NDB Correct Answer Incorrect Answer
    B World Bank Correct Answer Incorrect Answer
    C AIIB Correct Answer Incorrect Answer
    D ADB Correct Answer Incorrect Answer
    E WEF Correct Answer Incorrect Answer

    Solution

    Multilateral bank Asian Infrastructure Investment Bank (AIIB), will invest $150 million in the development of data centers that mostly serve emerging Asia. Beijing-based AIIB, where India is a key founding member, will channelise funds through the Keppel Data Centre Fund II (KDCF II), a private equity vehicle managed by Alpha Investment Partners Limited (Alpha

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