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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