CURRENT AFFAIRS

2018

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Within Which month AIIB plans to issue first US dollar bonds?
A
June
B
May
C
August
D
April
Explanation: 

Detailed explanation-1: -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-2: -The theme of the 2022 AIIB Annual Meeting is “Sustainable Infrastructure Toward a Connected World”, which aims to reaffirm infrastructure’s crucial role in supporting recovery, growth and connectivity.

Detailed explanation-3: -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-4: -Iraq becomes AIIB’s 51st regional member, bringing the Bank’s approved membership to 105 in total.

There is 1 question to complete.