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?

QUESTION

Easy

International Relations

Prelims 2019

With reference to 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?

Select an option to attempt

Explanation

Statement 1 is correct. AIIB has more than 80 member nations. (Actually, as of April 2024, it has 109 members).

Statement 2 is incorrect. India is not the largest shareholder in AIIB. China is the largest shareholder.

Statement 3 is incorrect. While the focus is on Asia, several non-Asian countries are members, including some European and South American nations.

AIIB vs ADB

Trusted by 2L aspirants

Practice UPSC Prelims PYQs Smarter

Track accuracy & weak areas
See past trends & repeated themes

Start Practicing Now

Year-wise Prelims PYQs

2025 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011

Crack UPSC with your
Personal AI Mentor

An AI-powered ecosystem to learn, practice, and evaluate with discipline

Start Now

Download App

Explanation

Practice UPSC Prelims PYQs Smarter

Year-wise Prelims PYQs

Crack UPSC with your Personal AI Mentor

Download the App

Crack UPSC with your
Personal AI Mentor