The Asian Infrastructure Investment Bank is headquartered in _____.
Show answer & explanation
Correct answer: A
Explanation
Beijing -
The Asian Infrastructure Investment Bank (AIIB) is a multilateral development bank focused on improving social and economic outcomes in Asia.
Asian Infrastructure Investment Bank (AIIB) -
Headquarters: Beijing, China.
Establishment: The agreement establishing it was signed in 2015 and it began operations in January 2016.
Membership: It currently has over 100 approved members (India is a founding member).
Objective: To build infrastructure in the Asia-Pacific region and invest in sectors such as energy, transportation, and urban development.