{"id":12995,"date":"2016-06-30T10:28:28","date_gmt":"2016-06-30T10:28:28","guid":{"rendered":"https:\/\/www.edristi.in\/?p=12995"},"modified":"2016-06-30T10:28:28","modified_gmt":"2016-06-30T10:28:28","slug":"aiib-approved-first-loans-projects-four-countries","status":"publish","type":"post","link":"https:\/\/www.edristi.in\/hi\/%e0%a4%b9%e0%a5%8b%e0%a4%ae\/aiib-approved-first-loans-projects-four-countries\/","title":{"rendered":"AIIB approved first loans for projects in four countries"},"content":{"rendered":"<p style=\"text-align: justify\"><strong>Question: Recently AIIB has approved first loans for projects in four countries. Which of the following country is not included ?<\/strong><br \/>\n(a) Bangladesh<br \/>\n(b) Pakistan<br \/>\n(c) Indonesia<br \/>\n(d) Afghanistan<br \/>\n<strong>Ans:(d)<\/strong><br \/>\n<strong>Related facts:<\/strong><\/p>\n<ul style=\"text-align: justify\">\n<li>On 24 June 2016 the Asian Infrastructure Investment Bank\u2019s Board of Directors approved its first 4 loans totalling $509 million to finance 4 projects.<\/li>\n<li>Pakistan, Bangladesh, Indonesia and Tajikistan will get the first set of loans totalling $ 509 million.<\/li>\n<li>Three of the 4 projects are co-financing operations with multilateral development bank (MDB) partners.<\/li>\n<li>The approved loans includes:<\/li>\n<li>A $165 million loan for a Power Distribution System Upgrade and Expansion Project in Bangladesh;<\/li>\n<li>A $216.5 million loan for a National Slum Upgrading Project in Indonesia, expected to be co-financed with the World Bank;<\/li>\n<li>A $100 million loan to finance the Shorkot-Khanewal Section of National Motorway M-4 in Pakistan, co-financed with the Asian Development Bank (ADB) and the United Kingdom\u2019s Department for International Development (DFID); \u090f\u0902\u0921<\/li>\n<li>A $ 27.5 million loan for the Dushanbe-Uzbekistan Border Road Improvement Project in Tajikistan, co-financed with the European Bank for Reconstruction and Development (EBRD).<\/li>\n<li>The Asian Infrastructure Investment Bank (AIIB) is an international financial institution that aims to support the building of infrastructure in the Asia-Pacific region.<\/li>\n<li>The bank started operation after the agreement entered into force on 25 December 2015 with the capital of $100 billion.<\/li>\n<li>China is the largest shareholder with 26.6 per cent voting shares. India is the second largest shareholder with 7.5 per cent voting shares.<\/li>\n<li>Its headquarters is in Beijing, capital city of China.<\/li>\n<li>Jin Liqun is currently the President of Asian Infrastructure Investment Bank.<\/li>\n<\/ul>\n<p style=\"text-align: justify\">\n<strong>Reference:<\/strong><br \/>\n<a href=\"http:\/\/euweb.aiib.org\/html\/2016\/NEWS_0624\/120.html\" target=\"_blank\">http:\/\/euweb.aiib.org\/html\/2016\/NEWS_0624\/120.html<\/a><br \/>\n<a href=\"http:\/\/news.xinhuanet.com\/english\/2016-06\/25\/c_135464623.htm\" target=\"_blank\">http:\/\/news.xinhuanet.com\/english\/2016-06\/25\/c_135464623.htm<\/a><br \/>\n<a href=\"http:\/\/www.financialexpress.com\/article\/industry\/banking-finance\/aiib-approves-first-loans-for-projects-in-four-countries\/296316\/\" target=\"_blank\">http:\/\/www.financialexpress.com\/article\/industry\/banking-finance\/aiib-approves-first-loans-for-projects-in-four-countries\/296316\/<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Question: Recently AIIB has approved first loans for projects in four countries. Which of the following country is not included ? (a) Bangladesh (b) Pakistan (c) Indonesia (d) Afghanistan Ans:(d) Related facts: On 24 June 2016 the Asian Infrastructure Investment Bank\u2019s Board of Directors approved its first 4 loans totalling $509 million to finance 4 [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":12935,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1089],"tags":[2338],"class_list":["post-12995","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-enew","tag-economics"],"_links":{"self":[{"href":"https:\/\/www.edristi.in\/hi\/%e0%a4%b9%e0%a5%8b%e0%a4%ae\/wp-json\/wp\/v2\/posts\/12995","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.edristi.in\/hi\/%e0%a4%b9%e0%a5%8b%e0%a4%ae\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.edristi.in\/hi\/%e0%a4%b9%e0%a5%8b%e0%a4%ae\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.edristi.in\/hi\/%e0%a4%b9%e0%a5%8b%e0%a4%ae\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.edristi.in\/hi\/%e0%a4%b9%e0%a5%8b%e0%a4%ae\/wp-json\/wp\/v2\/comments?post=12995"}],"version-history":[{"count":0,"href":"https:\/\/www.edristi.in\/hi\/%e0%a4%b9%e0%a5%8b%e0%a4%ae\/wp-json\/wp\/v2\/posts\/12995\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.edristi.in\/hi\/%e0%a4%b9%e0%a5%8b%e0%a4%ae\/wp-json\/wp\/v2\/media\/12935"}],"wp:attachment":[{"href":"https:\/\/www.edristi.in\/hi\/%e0%a4%b9%e0%a5%8b%e0%a4%ae\/wp-json\/wp\/v2\/media?parent=12995"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.edristi.in\/hi\/%e0%a4%b9%e0%a5%8b%e0%a4%ae\/wp-json\/wp\/v2\/categories?post=12995"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.edristi.in\/hi\/%e0%a4%b9%e0%a5%8b%e0%a4%ae\/wp-json\/wp\/v2\/tags?post=12995"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}