China becomes largest shareholder in AIIB

Q.  Name the country to become the largest shareholder in Asian Infrastructure Investment Bank (AIIB)?
- Published on 21 Jun 15

a. Japan
b. Australia
c. China
d. India

ANSWER: China
 
China being the largest shareholder at 30.34 percent and it has retained 26.06 percent of the voting rights. With Japan, the other large Asian economy besides China, opting out of the Bank's membership, India is its second largest shareholder with a stake of 8.52 percent and voting share of 7.5 percent.

Related Content

➨ Post your comment / Share knowledge


Enter the code shown above:

(Note: If you cannot read the numbers in the above image, reload the page to generate a new one.)
▲