Q15 · UPPSC current affairs · 28 September 2026 · PIB · Asian Infrastructure Investment Bank AIIB Governance

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English हिंदी

Consider the following statements regarding the Asian Infrastructure Investment Bank (AIIB):1.The bank is headquartered in Beijing and officially began its operations in 2016.2.India holds the largest voting share in the AIIB, surpassing China.Which of the statements given above is/are correct?

A Neither 1 nor 2

B 1 only

C 2 only

D Both 1 and 2

Correct answer: (b) 1 only

Explanation

Statement 1 is correct as AIIB is headquartered in Beijing and began operations in 2016. Statement 2 is incorrect because India holds the second-largest voting share in AIIB, while China holds the largest.

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