China based AIIB launched by President Jingping

Q.  China backed Asian Infrastructure Investment Bank has been formally launched by whom?
- Published on 18 Jan 16

a. President XI Jingling
b. President Xi Jingping
c. President Shinzo Abe
d. None of the above

ANSWER: President Xi Jingping
 
China based Asian Infrastructure Investment Bank in which India and 56 other nations have joined as founding members was formally launched by President Xi Jingping. Dinesh Sharma leads the Indian delegation for which the US based ADB has identified potential co-financing projects with AIIB in areas such as transport, urban and water, renewable energy etc.

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