Question: The Headquater of the Asian Infrastructure Investment Bank (AIIB) is located in-
(a) New Delhi
(b) Beijing
(c) Dhaka
(d) Hanoi
Ans: (b)
Related facts:
- On June 25, 2016; The Board of Governors of the Asian Infrastructure Investment Bank convened the Bank’s first Annual Meeting in Beijing.
- The Governors representing the Bank’s 46 Founding Members along with the representatives from Signatories of the Bank’s Articles of Agreement that are not yet members, as well as observers from partner institutions and observers from potential new members also attended.
- Finance Minister Arun Jaitley had represented India at the meeting.
- On the occasion president of Asian Infrastructure Investment Bank, Jin Liqun reported on the Bank’s progress during its first six months of operation.
- The Governors elected the next Board of Directors. The Governor for Korea was elected to serve as the incoming Chairman of the Board of Governors.
- Presently, the Chinese Minister of Finance, Lou Jiweis the Chairman of the AIIB Board of Governors.
- The Governors for Georgia and the United Kingdom were elected as Vice Chairmen.
- The 2017 AIIB Annual Meeting will be held in Jeju, Republic of Korea from June 16-18, 2017.
Reference:
http://www.aiib.org/html/2016/NEWS_0625/122.html
http://english.gov.cn/state_council/vice_premiers/2016/06/25/content_281475379757589.htm
http://thediplomat.com/2016/06/at-first-annual-meeting-china-led-aiib-approves-first-loans/