Factor determining voting share of AIIB - Diplomacy and International relations

Q.  Which of the following factor determines the voting share of AIIB?
- Published on 07 Jul 15

a. Contribution of the country to the bank's authorized capital
b. Purchasing power parity
c. Size of country's economy
d. Each country will have one vote without veto power

ANSWER: Size of country's economy
 
The voting shares are based on the size of each member country's economy and not contribution to the bank's authorized capital.

China is highest contributor to AIIB with 29.78 billion US dollars. China will have 26.06 per cent of the voting rights along with veto powers for certain key decisions. India is second largest shareholder with 8.52 per cent stake and voting share of 7.5 per cent. While Russia is third largest shareholder with 6.66 stake and voting share of 5.92 per cent.

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.)
▲