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Consider the following statements regarding Asian Infrastructure Investment Bank(AIIB):
1. It is a multilateral development bank with a mission to improve social and economic outcomes in Asia and beyond.
2. It is headquartered in Shanghai
3. It commenced operations in 2016.
Which of the statements given above are correct?
1 and 2 only
2 and 3 only
1 and 3 only
All are correct
Asian Infrastructure Investment Bank (AIIB) is a multilateral development bank with a mission to improve social and economic outcomes in Asia and beyond. It is headquartered in Beijing. It commenced operations in January 2016 and has now grown to 84 approved members from around the world. By investing in sustainable infrastructure and other productive sectors today, it aims to connect people, services and markets that over time will impact the lives of billions and build a better future.
By: Vishal ProfileResourcesReport error
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