With reference to Asian Infrastructure Investment Bank (AIIB), consider the following statements:

  1. AIIB has more than 80 member nations.
  2. India is the largest shareholder in AIIB.
  3. AIIB does not have any members from outside Asia.

Which of the statements given above is/are correct?

[UPSC Civil Services Exam – 2019 Prelims]

(a) 1 only

(b) 2 and 3 only

(c) 1 and 3 only

(d) 1, 2 and 3


Answer: (a)        

Explanation:

  • The AIIB is a multilateral development bank with 97 approved members worldwide, as of May 2023. Hence Statement 1 is Correct.
  • India is the third-largest shareholder of the AIIB, after China and Russia. Hence Statement 2 is Not Correct.
  • The AIIB has several non-regional members, including Australia, New Zealand, Canada, and Cyprus, but Qatar is not currently listed as a member. Hence Statement 3 is Not Correct.

Consider the following statements:                                                                   The Parliament of India can place a particular law in the Ninth Schedule of the Constitution of India. The validity of a law placed in the Ninth Schedule cannot be examined by any court and no judgement can be made on it. Which of the statements given above is/are correct?

Consider the following statements:                                               

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Consider the following statements:                                                         The Parliament of India can place a particular law in the Ninth Schedule of the Constitution of India. The validity of a law placed in the Ninth Schedule cannot be examined by any court and no judgement can be made on it. Which of the statements given above is/are correct?

Consider the following statements:                                               

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