CURRENT AFFAIRS

2019

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Which country becomes 73rd non-regional member of AIIB?
A
Russia
B
Romania
C
Serbia
D
Turkey
Explanation: 

Detailed explanation-1: -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-2: -The Asian Infrastructure Investment Bank’s (AIIB) Board of Governors has approved Mauritania’s application, raising the Bank’s approved membership to 106. Mauritania is now AIIB’s 55th nonregional member, 21 of which are from Africa.

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

Detailed explanation-4: -Detailed Solution. The correct answer is India. India is the second-largest shareholder in Asian Infrastructure Investment bank. The Asian Infrastructure Investment Bank (AIIB) is a multilateral development bank that aims to support the building of infrastructure in the Indo-Pacific region.

There is 1 question to complete.