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?
1 only
2 and 3 only
1 and 3 only
1, 2 and 3
Answer is Wrong!
Answer is Right!
This question was previously asked in
UPSC IAS – 2019
Statement 2: China is the largest shareholder in the AIIB, holding the largest voting share. India is the second-largest shareholder. Thus, Statement 2 is incorrect.
Statement 3: AIIB is not exclusively limited to Asian members. It has actively sought and included members from outside Asia, including countries from Europe (e.g., Germany, France, UK), Africa (e.g., South Africa, Egypt), Oceania (e.g., Australia, New Zealand), and Latin America (e.g., Brazil). Thus, Statement 3 is incorrect.
Based on the analysis, only Statement 1 is correct.