UPSC CSE Prelims
Question 66
With reference to Asian Infrastructure Investment Bank (AIIB), consider the following statements :
- AIIB has more than 80 member nations.
- India is the largest shareholder in AIIB.
- AIIB does not have any members from outside Asia.
Which of the statements given above is/are correct?
View correct answer and explanation
Correct answer: A
Correct Option: A
Explanation:
AIIB had exceeded 80 approved members by the 2019 exam. China, not India, was the largest shareholder; AIIB’s membership also included countries outside Asia.
Statement / Pair Analysis:
1 (Correct): The AIIB had over 80 approved members by the time of the 2019 exam.
2 (Incorrect): China is its largest shareholder; India is among the largest but is not first.
3 (Incorrect): AIIB has non-regional members from Europe, Africa and elsewhere.
Option-wise Analysis:
A (Correct): Includes all and only the true statements/pairs.
B (Incorrect): It includes false item 2 (China is its largest shareholder; India is among the largest but is not first); includes false item 3 (AIIB has non-regional members from Europe, Africa and elsewhere); omits true item 1 (The AIIB had over 80 approved members by the time of the 2019 exam).
C (Incorrect): It includes false item 3 (AIIB has non-regional members from Europe, Africa and elsewhere).
D (Incorrect): It includes false item 2 (China is its largest shareholder; India is among the largest but is not first); includes false item 3 (AIIB has non-regional members from Europe, Africa and elsewhere).
Review Note:
Membership counts and shareholdings are exam-period facts and may change.