2017
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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10 countries
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20 countries
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30 countries
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40 countries
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Detailed explanation-1: -They become members after finishing their domestic procedures. As of 8 August 2022, the total number of countries approved for membership of AIIB is 106 (Regional Members: 47, Non-Regional Members: 45, Prospective Members: 14).
Detailed explanation-2: -AIIB began operations in 2016 with 57 founding Members (37 regional and 20 nonregional). By the end of 2020, we had 103 approved Members representing approximately 79 percent of the global population and 65 percent of global GDP.
Detailed explanation-3: -28 (Xinhua)–The Asian Infrastructure Investment Bank (AIIB) has approved the application of Nigeria to join the bank, bringing its total membership to 104, 11 of which are from Africa. The AIIB’s African members are responsible for over 60 percent of the continent’s gross domestic product.
Detailed explanation-4: -India is by far the top recipient of AIIB loans, accounting for almost 20% of the bank’s projects.
Detailed explanation-5: -The first AIIB Board of Governors meeting was held in Beijing, China in 2016.