With reference to Asian Infrastructure Investment Bank (AIIB), consider the following statements:1.AIIB has more than 80 member nations.2.India is the largest shareholder in AIIB.3.AIIB does not have any members from outside Asia.Which of the statements given above is/are correct?

1. A

   1 only

   (a) 1 only. By the time of the paper AIIB already had more than 80 approved members. India is the second-largest shareholder after China, not the largest. Non-regional members (for example from Europe) sit on the Board. Only statement 1 survives. That is the official key.

2. B

   2 and 3 only

   (b) 2 and 3 only. Both 2 and 3 are false. Not the key.

3. C

   1 and 3 only

   (c) 1 and 3 only. Statement 3 is false because extra-Asian members exist. Not the key.

4. D

   1, 2 and 3

   (d) 1, 2 and 3. Two statements fail, so this code is wrong.

Summary. Official key is (a). AIIB is a multilateral bank with well over 80 members, including non-Asian ones. China is the largest shareholder; India is second. Statements 2 and 3 are traps. Honour (a).