Question : Who is President of AIIB?
a) Jin Liqun
b) Carmen M. Reinhart
c) Jérôme Jean Haegeli
d) None of these
Ans:a
Related Facts:
- Former Reserve Bank of India (RBI) governor Urjit Patel has been appointed as a vice president of the Beijing-based multilateral funding institution Asian Infrastructure Investment Bank (AIIB) on Sunday(January 9,2022).
- India is a founding member of AIIB with the second highest voting share after China.
- Mr Patel, will be one of the five Vice Presidents of the AIIB with a three-year tenure.
- Mr Patel had taken over as the 24th Governor of the Reserve Bank of India (RBI) succeeding Raghuram Rajan on September 5, 2016.
- Highlight Points:
- The Asian Infrastructure Investment Bank (AIIB) is a multilateral development bank that aims to improve economic and social outcomes in Asia.
- The bank currently has 104 members, including 17 prospective members from around the world.
- The bank was proposed by China in 2013 and the initiative was launched at a ceremony in Beijing in October 2014. It received the highest credit ratings from the three biggest rating agencies in the world.
- AIIB Headquarters in Beijing.
By Pawan mishra
Links:
https://www.ndtv.com/business/ex-rbi-governor-urjit-patel-appointed-vice-president-of-aiib-2697677