UPSC Prelims 2019 · GS Paper I
Question 71: International Relations and Current Affairs
With reference to Asian Infrastructure Investment Bank (AIIB), consider the following statements :
- 1.AIIB has more than 80 member nations.
- 2.India is the largest shareholder in AIIB.
- 3.AIIB does not have any members from outside Asia.
Which of the statements given above is/are correct?
AnswerUPSC’s answer is (a).
Only statement 1 is correct. The Asian Infrastructure Investment Bank, headquartered in Beijing and started in 2016, has well over 80 member nations. China is its largest shareholder, with India the second largest, so statement 2 is false. AIIB also has members from outside Asia, including European countries such as Germany, the United Kingdom and France, so statement 3 is false.
- 1. AIIB has well over 80 member nations.
- 2. China is the largest shareholder; India is second.
- 3. AIIB has members from outside Asia, such as Germany and the UK.
How you could have got this
- If you were sure statement 3 is not correct, (b), (c) and (d) go: each of them includes 3.
What you needed to know: AIIB has members from outside Asia, such as Germany and the UK.
Only (a) is left. You didn’t need statements 1 or 2.
Which options go is worked out from UPSC’s key and the options, not by a model.
Why each option is right or wrong
- (a) Correct: only the statement on membership holds.
- (b) China, not India, is the largest shareholder, and non-Asian members exist.
- (c) Statement 3 is false: AIIB has non-Asian members.
- (d) Statements 2 and 3 are false.
Answer: UPSC’s key. Explanation: written by UPSC Grade, not by UPSC.
Source: UPSC, Civil Services (Preliminary) Examination 2019, General Studies Paper I, Series A. The paper on upsc.gov.in.