AIIB- Capital, headquarter - Diplomacy and International relations

Q.  Consider the following statements

1. The authorized capital of AIIB will be $100 billion.
2. AIIB's headquarters is to be located in Shanghai.

Which of the above statements is/are not correct?
- Published on 30 Apr 15

a. Only 1
b. Only 2
c. Both
d. None

ANSWER: Only 2
 
AIIB's headquarters is to be located in Beijing.

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