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

    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.

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