2021
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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The World Bank & AIIB has approved a loan for Rs.219 crore Drinking Water Project in which state?
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Kerala
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Karnataka
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Goa
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Punjab
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Explanation:
Detailed explanation-1: -The Mission of the AIIB is to improve social and economic outcomes in Asia. Asian Infrastructure Investment Bank is headquartered in Beijing and started operations in 2016. China is the largest shareholder with 26.61 % voting shares in the bank, followed by India (7.6%), Russia (6.01%), and Germany (4.2 %).
Detailed explanation-2: -AIIB began operations in 2016 with 57 founding Members (37 regional and 20 nonregional).
Detailed explanation-3: -India has a 7.6% shareholding in the bank, which is second to China that has 26.6% shares. India is one of the largest beneficiaries of infrastructure projects financed by AIIB.
There is 1 question to complete.