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Which of the following statements about Asian Infrastructure Investment Bank is/are correct?
1. It is a multilateral development bank led by China with its headquarters at Shanghai.
2. The top 4 shareholder in AIIB in decreasing order are: China, India, Russia and Germany.
Choose the correct alternative:
1 only
2 only
Both 1 and 2
Neither 1 nor 2
The AIIB are headquartered at Beijing. It is the New Development Bank or the BRICS Bank that is headquartered at Shanghai. Hence, only statement 1 is incorrect and hence the answer (b.).
By: Vishal ProfileResourcesReport error
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