Question

Asian Infrastructure Investment Bank (AIIB) has approved USD 150 million equity investment loan to the India Infrastructure Fund. It is the bank's first such loan to fund private projects. AIIB based in-?

• A. France
• B. Australia
• C. China
• D. Germany

Hint:

AIIB was established in 2015 with China as its founding member and headquarters in Beijing. It funds infrastructure projects across Asia.

Answer 1

The Correct Option is C

Step 1: The Asian Infrastructure Investment Bank (AIIB) is a multilateral development bank that focuses on infrastructure development in Asia. Step 2: AIIB's headquarters is located in Beijing, China. Step 3: Therefore, the correct answer is option (c) China. \[ \boxed{\text{China}} \]