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      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.

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