WBCS.LIVE practice question

Where are the official administrative headquarters of the Asian Infrastructure Investment Bank (AIIB) located?

Solve this multiple-choice question and check the correct answer with its explanation below.

Answer options

  1. Shanghai, China
  2. Manila, Philippines
  3. Beijing, China
  4. Tokyo, Japan

Correct answer and explanation

Correct answer: Beijing, China

Explanation: āœ… Correct Answer: C) Beijing, China šŸ“š Explanation: The Asian Infrastructure Investment Bank (AIIB) is a prominent multilateral development bank officially established in 2016 to substantially improve economic and social outcomes across Asia. While the New Development Bank (NDB) is headquartered in Shanghai, the AIIB's official operational headquarters is proudly located in Beijing, China. India is a founding member and holds the second-largest voting share in this major international financial institution directly after China.