2015 · Q90
Which of the following statements with regard to the proposed Asian Infrastructure Investment Bank is/are correct?
- 1India is one of the founding members of the Bank.
- 2The Bank is to be headquartered in Shanghai.
Select the correct answer using the code given below:
General KnowledgeCurrent Affairs
- A1 only
- B2 only
- CBoth 1 and 2
- DNeither 1 nor 2
Explanation
India was one of the founding members of the Asian Infrastructure Investment Bank (statement 1 is correct). But the Bank is headquartered in Beijing, not Shanghai (statement 2 is false). The answer is 1 only — option A.