2019
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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India
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China
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Vietnam
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Indonesia
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Detailed explanation-1: -India is by far the top recipient of AIIB loans, accounting for almost 20% of the bank’s projects.
Detailed explanation-2: -The bank was proposed by China in 2013 and the initiative was launched at a ceremony in Beijing in October 2014. It received the highest credit ratings from the three biggest rating agencies in the world, and is seen as a potential rival to the World Bank and IMF.
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: -Asian Infrastructure Investment Bank (AIIB) President Jin Liqun has announced changes to the Bank’s Senior Management Team effective Feb.