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Quiz · Asian Infrastructure Investment Bank AIIB Governance
Two Prelims-style questions on this topic from 28 September 2026. Choose an option to check yourself, then open the full note or today’s full quiz.
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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
Solution
What does the term 'Board of Governors' signify in the context of multilateral development banks like the AIIB?
A
The highest decision-making body comprising one governor appointed by each member nation
B
An executive committee appointed exclusively by the G7 nations to oversee loan audits
C
The permanent secretariat handling daily currency conversions and market bonds
D
A judicial tribunal responsible for resolving boundary disputes between borrowing countries
Solution