2018
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Indonesia
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Singapore
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Germany
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Sri Lanka
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Detailed explanation-1: -Next to India, Indonesia has emerged as the second largest borrower with about USD 600 million loans.
Detailed explanation-2: -India was among the AIIB’s 57 founding members in 2016. It is also its second-largest shareholder (with 7.62% voting shares) after China (26.06%).
Detailed explanation-3: -India is by far the top recipient of AIIB loans, accounting for almost 20% of the bank’s projects.
Detailed explanation-4: -The most glaring omission from the list of AIIB members is, of course, the United States. Since its inception, the US and Japan have been stalwart opponents of the bank.
Detailed explanation-5: -Out of the total lent amount, $809 million was obtained as market borrowings from the China Development Bank, reported ANI citing the Daily Financial Times (FT) report. The report gained data from public finance.lk.