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Q3) India recently gave its approval for the ratification and submitting of the Articles of Agreement (AoA) of AIIB. Which of the following is incorrect about Asian Infrastructure Investment Bank (AIIB)? 1) It is designed to finance infrastructure projects including energy, transport, skill development and infrastructure projects all over the world 2) AIIB’s Headquarter is located at Beijing 3) Russia is the second largest shareholder after China with 6.66 percent stake and voting share of 5.92 per cent Code:

Answer»

Q3) India recently gave its approval for the ratification and submitting of the Articles of Agreement (AoA) of AIIB. Which of the following is incorrect about Asian Infrastructure Investment Bank (AIIB)?

1) It is designed to finance infrastructure projects including energy, transport, skill development and infrastructure projects all over the world

2) AIIB’s Headquarter is located at Beijing

3) Russia is the second largest shareholder after China with 6.66 percent stake and voting share of 5.92 per cent

Code:




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