{"id":91691,"date":"2025-06-01T11:02:43","date_gmt":"2025-06-01T11:02:43","guid":{"rendered":"https:\/\/exam.pscnotes.com\/mcq\/?p=91691"},"modified":"2025-06-01T11:02:43","modified_gmt":"2025-06-01T11:02:43","slug":"with-reference-to-asian-infrastructure-investment-bank-aiib-conside","status":"publish","type":"post","link":"https:\/\/exam.pscnotes.com\/mcq\/with-reference-to-asian-infrastructure-investment-bank-aiib-conside\/","title":{"rendered":"With reference to Asian Infrastructure Investment Bank (AIIB), conside"},"content":{"rendered":"<p>With reference to Asian Infrastructure Investment Bank (AIIB), consider the following statements:<\/p>\n<ul>\n<li>1. AIIB has more than 80 member nations.<\/li>\n<li>2. India is the largest shareholder in AIIB.<\/li>\n<li>3. AIIB does not have any members from outside Asia.<\/li>\n<\/ul>\n<p>Which of the statements given above is\/are correct?<\/p>\n<p>[amp_mcq option1=&#8221;1 only&#8221; option2=&#8221;2 and 3 only&#8221; option3=&#8221;1 and 3 only&#8221; option4=&#8221;1, 2 and 3&#8243; correct=&#8221;option1&#8243;]<\/p>\n<div class=\"psc-box-pyq-exam-year-detail\">\n<div class=\"pyq-exam\">\n<div class=\"psc-heading\">This question was previously asked in<\/div>\n<div class=\"psc-title line-ellipsis\">UPSC IAS &#8211; 2019<\/div>\n<\/div>\n<div class=\"pyq-exam-psc-buttons\"><a href=\"\/pyq\/pyq-upsc-ias-2019.pdf\" target=\"_blank\" class=\"psc-pdf-button\" rel=\"noopener\">Download PDF<\/a><a href=\"\/pyq-upsc-ias-2019\" target=\"_blank\" class=\"psc-attempt-button\" rel=\"noopener\">Attempt Online<\/a><\/div>\n<\/div>\n<section id=\"pyq-correct-answer\">\nStatement 1: The Asian Infrastructure Investment Bank (AIIB) has expanded its membership significantly since its inception in 2016. As of late 2023\/early 2024, AIIB has over 100 approved members from across the globe. The statement &#8220;more than 80 member nations&#8221; is correct as it falls within the actual number of members.<br \/>\nStatement 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.<br \/>\nStatement 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.<br \/>\nBased on the analysis, only Statement 1 is correct.<br \/>\n<\/section>\n<section id=\"pyq-key-points\">\nAIIB is a multilateral development bank with a broad global membership extending beyond Asia, where China is the largest shareholder and India is the second largest.<br \/>\n<\/section>\n<section id=\"pyq-additional-information\">\nAIIB&#8217;s mission is to finance infrastructure projects in Asia and beyond. It was proposed by China and is seen as a complementary institution to existing multilateral development banks like the World Bank and the Asian Development Bank. Its growing membership from various continents reflects its ambition to be a global infrastructure bank.<br \/>\n<\/section>\n","protected":false},"excerpt":{"rendered":"<p>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? [amp_mcq option1=&#8221;1 only&#8221; option2=&#8221;2 and 3 only&#8221; option3=&#8221;1 and &#8230; <\/p>\n<p class=\"read-more-container\"><a title=\"With reference to Asian Infrastructure Investment Bank (AIIB), conside\" class=\"read-more button\" href=\"https:\/\/exam.pscnotes.com\/mcq\/with-reference-to-asian-infrastructure-investment-bank-aiib-conside\/#more-91691\">Detailed Solution<span class=\"screen-reader-text\">With reference to Asian Infrastructure Investment Bank (AIIB), conside<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1092],"tags":[1119,1226],"class_list":["post-91691","post","type-post","status-publish","format-standard","hentry","category-upsc-ias","tag-1119","tag-external-sector-of-economy","no-featured-image-padding"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v22.2 (Yoast SEO v23.3) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>With reference to Asian Infrastructure Investment Bank (AIIB), conside<\/title>\n<meta name=\"description\" content=\"Statement 1: The Asian Infrastructure Investment Bank (AIIB) has expanded its membership significantly since its inception in 2016. As of late 2023\/early 2024, AIIB has over 100 approved members from across the globe. The statement &quot;more than 80 member nations&quot; is correct as it falls within the actual number of members. 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. AIIB is a multilateral development bank with a broad global membership extending beyond Asia, where China is the largest shareholder and India is the second largest.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/exam.pscnotes.com\/mcq\/with-reference-to-asian-infrastructure-investment-bank-aiib-conside\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"With reference to Asian Infrastructure Investment Bank (AIIB), conside\" \/>\n<meta property=\"og:description\" content=\"Statement 1: The Asian Infrastructure Investment Bank (AIIB) has expanded its membership significantly since its inception in 2016. As of late 2023\/early 2024, AIIB has over 100 approved members from across the globe. The statement &quot;more than 80 member nations&quot; is correct as it falls within the actual number of members. 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. AIIB is a multilateral development bank with a broad global membership extending beyond Asia, where China is the largest shareholder and India is the second largest.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/exam.pscnotes.com\/mcq\/with-reference-to-asian-infrastructure-investment-bank-aiib-conside\/\" \/>\n<meta property=\"og:site_name\" content=\"MCQ and Quiz for Exams\" \/>\n<meta property=\"article:published_time\" content=\"2025-06-01T11:02:43+00:00\" \/>\n<meta name=\"author\" content=\"rawan239\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"rawan239\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"With reference to Asian Infrastructure Investment Bank (AIIB), conside","description":"Statement 1: The Asian Infrastructure Investment Bank (AIIB) has expanded its membership significantly since its inception in 2016. As of late 2023\/early 2024, AIIB has over 100 approved members from across the globe. The statement \"more than 80 member nations\" is correct as it falls within the actual number of members. 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. AIIB is a multilateral development bank with a broad global membership extending beyond Asia, where China is the largest shareholder and India is the second largest.","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/exam.pscnotes.com\/mcq\/with-reference-to-asian-infrastructure-investment-bank-aiib-conside\/","og_locale":"en_US","og_type":"article","og_title":"With reference to Asian Infrastructure Investment Bank (AIIB), conside","og_description":"Statement 1: The Asian Infrastructure Investment Bank (AIIB) has expanded its membership significantly since its inception in 2016. As of late 2023\/early 2024, AIIB has over 100 approved members from across the globe. The statement \"more than 80 member nations\" is correct as it falls within the actual number of members. 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. AIIB is a multilateral development bank with a broad global membership extending beyond Asia, where China is the largest shareholder and India is the second largest.","og_url":"https:\/\/exam.pscnotes.com\/mcq\/with-reference-to-asian-infrastructure-investment-bank-aiib-conside\/","og_site_name":"MCQ and Quiz for Exams","article_published_time":"2025-06-01T11:02:43+00:00","author":"rawan239","twitter_card":"summary_large_image","twitter_misc":{"Written by":"rawan239","Est. reading time":"1 minute"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebPage","@id":"https:\/\/exam.pscnotes.com\/mcq\/with-reference-to-asian-infrastructure-investment-bank-aiib-conside\/","url":"https:\/\/exam.pscnotes.com\/mcq\/with-reference-to-asian-infrastructure-investment-bank-aiib-conside\/","name":"With reference to Asian Infrastructure Investment Bank (AIIB), conside","isPartOf":{"@id":"https:\/\/exam.pscnotes.com\/mcq\/#website"},"datePublished":"2025-06-01T11:02:43+00:00","dateModified":"2025-06-01T11:02:43+00:00","author":{"@id":"https:\/\/exam.pscnotes.com\/mcq\/#\/schema\/person\/5807dafeb27d2ec82344d6cbd6c3d209"},"description":"Statement 1: The Asian Infrastructure Investment Bank (AIIB) has expanded its membership significantly since its inception in 2016. As of late 2023\/early 2024, AIIB has over 100 approved members from across the globe. The statement \"more than 80 member nations\" is correct as it falls within the actual number of members. 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. AIIB is a multilateral development bank with a broad global membership extending beyond Asia, where China is the largest shareholder and India is the second largest.","breadcrumb":{"@id":"https:\/\/exam.pscnotes.com\/mcq\/with-reference-to-asian-infrastructure-investment-bank-aiib-conside\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/exam.pscnotes.com\/mcq\/with-reference-to-asian-infrastructure-investment-bank-aiib-conside\/"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/exam.pscnotes.com\/mcq\/with-reference-to-asian-infrastructure-investment-bank-aiib-conside\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/exam.pscnotes.com\/mcq\/"},{"@type":"ListItem","position":2,"name":"UPSC IAS","item":"https:\/\/exam.pscnotes.com\/mcq\/category\/upsc-ias\/"},{"@type":"ListItem","position":3,"name":"With reference to Asian Infrastructure Investment Bank (AIIB), conside"}]},{"@type":"WebSite","@id":"https:\/\/exam.pscnotes.com\/mcq\/#website","url":"https:\/\/exam.pscnotes.com\/mcq\/","name":"MCQ and Quiz for Exams","description":"","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/exam.pscnotes.com\/mcq\/?s={search_term_string}"},"query-input":"required name=search_term_string"}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/exam.pscnotes.com\/mcq\/#\/schema\/person\/5807dafeb27d2ec82344d6cbd6c3d209","name":"rawan239","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/exam.pscnotes.com\/mcq\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/761a7274f9cce048fa5b921221e7934820d74514df93ef195a9d22af0c1c9001?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/761a7274f9cce048fa5b921221e7934820d74514df93ef195a9d22af0c1c9001?s=96&d=mm&r=g","caption":"rawan239"},"sameAs":["https:\/\/exam.pscnotes.com"],"url":"https:\/\/exam.pscnotes.com\/mcq\/author\/rawan239\/"}]}},"amp_enabled":true,"_links":{"self":[{"href":"https:\/\/exam.pscnotes.com\/mcq\/wp-json\/wp\/v2\/posts\/91691","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/exam.pscnotes.com\/mcq\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/exam.pscnotes.com\/mcq\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/exam.pscnotes.com\/mcq\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/exam.pscnotes.com\/mcq\/wp-json\/wp\/v2\/comments?post=91691"}],"version-history":[{"count":0,"href":"https:\/\/exam.pscnotes.com\/mcq\/wp-json\/wp\/v2\/posts\/91691\/revisions"}],"wp:attachment":[{"href":"https:\/\/exam.pscnotes.com\/mcq\/wp-json\/wp\/v2\/media?parent=91691"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/exam.pscnotes.com\/mcq\/wp-json\/wp\/v2\/categories?post=91691"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/exam.pscnotes.com\/mcq\/wp-json\/wp\/v2\/tags?post=91691"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}