{"id":8217,"date":"2016-01-25T06:25:19","date_gmt":"2016-01-25T06:25:19","guid":{"rendered":"https:\/\/www.edristi.in\/?p=8217"},"modified":"2016-01-25T06:29:21","modified_gmt":"2016-01-25T06:29:21","slug":"india-elected-to-board-of-directors-of-aiib","status":"publish","type":"post","link":"https:\/\/www.edristi.in\/hi\/%e0%a4%b9%e0%a5%8b%e0%a4%ae\/india-elected-to-board-of-directors-of-aiib\/","title":{"rendered":"India elected to Board of Directors of AIIB"},"content":{"rendered":"<p style=\"text-align: justify;\"><strong>Question: Recently AIIB (Asian Infrastructure Investment Bank) has constituted its board of directors, Name the person who have been elected from India to this 12-member board?<\/strong><\/p>\n<p style=\"text-align: justify;\">(a) Dinesh Sharma<br \/>\n(b) Gautam Sanyal<br \/>\n(c) Arun Kumar Singh<br \/>\n(d) Nripendra Misra<br \/>\n<strong>Ans (a)<\/strong><\/p>\n<p style=\"text-align: justify;\"><strong>Related facts:<\/strong><\/p>\n<ul style=\"text-align: justify;\">\n<li>On 17 January 2016 India one of the founding members of the AIIB, has been elected to the board of directors of the China-sponsored Asian Infrastructure Investment Bank in Beijing, China.<\/li>\n<li>Dinesh Sharma who is presently serving as Additional Secretary of Ministry of Finance has been elected to the 12-member board of directors.<\/li>\n<li>He has been elected through a secret ballot.<\/li>\n<li>This is the first board of directors for the new bank in which 57 members joined founding members.<\/li>\n<li>The election of India to board of directors of the AIIB expected to provide significant role for it as it is the forum that approves the loans for projects.<\/li>\n<li>AIIB was formally launched by Chinese President Xi Jinping at a special function in Beijing on 17 January 2016.<\/li>\n<li>The inaugural meeting of the Asian Infrastructure Investment Bank\u2019s Board of Governors was held in Beijing on January 16-17, 2016.<\/li>\n<li>Finance Minister\u00a0Arun Jaitley\u00a0is the designated governor of the AIIB from India.<\/li>\n<li>The Governors elected the Bank\u2019s Board of Directors and Mr. Jin Liqun, former Chinese\u00a0Finance Minister to head the bank after Russia withdrew its candidate.<\/li>\n<li>It should be noted that China is the largest shareholder with 26.6 per cent voting shares; India is the second largest shareholder with 7.5 per cent followed by Russia 5.93 per cent and Germany with 4.5 per cent voting shares in AIIB.<\/li>\n<li>AIIB has authorized capital of $100 billion and subscribed capital of $50 billion.<\/li>\n<li>AIIB will invest in sectors including energy, transportation, urban construction and logistics as well as education and healthcare.<\/li>\n<\/ul>\n<p style=\"text-align: justify;\"><strong>Reference:<\/strong><\/p>\n<p style=\"text-align: justify;\"><a href=\"http:\/\/www.thehindu.com\/business\/Industry\/india-elected-to-board-of-directors-of-chinabacked-aiib\/article8116850.ece\">http:\/\/www.thehindu.com\/business\/Industry\/india-elected-to-board-of-directors-of-chinabacked-aiib\/article8116850.ece<\/a><\/p>\n<p style=\"text-align: justify;\"><a href=\"http:\/\/articles.economictimes.indiatimes.com\/2016-01-17\/news\/69840707_1_aiib-asian-infrastructure-investment-bank-authorised-capital\">http:\/\/articles.economictimes.indiatimes.com\/2016-01-17\/news\/69840707_1_aiib-asian-infrastructure-investment-bank-authorised-capital<\/a><\/p>\n<p style=\"text-align: justify;\"><a href=\"http:\/\/www.aiib.org\/html\/2016\/NEWS_0117\/85.html\">http:\/\/www.aiib.org\/html\/2016\/NEWS_0117\/85.html<\/a><\/p>\n<p style=\"text-align: justify;\"><a href=\"http:\/\/www.aiib.org\/html\/2016\/NEWS_0118\/86.html\">http:\/\/www.aiib.org\/html\/2016\/NEWS_0118\/86.html<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Question: Recently AIIB (Asian Infrastructure Investment Bank) has constituted its board of directors, Name the person who have been elected from India to this 12-member board? (a) Dinesh Sharma (b) Gautam Sanyal (c) Arun Kumar Singh (d) Nripendra Misra Ans (a) Related facts: On 17 January 2016 India one of the founding members of the [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":8218,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1087],"tags":[],"class_list":["post-8217","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-intne"],"_links":{"self":[{"href":"https:\/\/www.edristi.in\/hi\/%e0%a4%b9%e0%a5%8b%e0%a4%ae\/wp-json\/wp\/v2\/posts\/8217","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\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.edristi.in\/hi\/%e0%a4%b9%e0%a5%8b%e0%a4%ae\/wp-json\/wp\/v2\/comments?post=8217"}],"version-history":[{"count":0,"href":"https:\/\/www.edristi.in\/hi\/%e0%a4%b9%e0%a5%8b%e0%a4%ae\/wp-json\/wp\/v2\/posts\/8217\/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\/8218"}],"wp:attachment":[{"href":"https:\/\/www.edristi.in\/hi\/%e0%a4%b9%e0%a5%8b%e0%a4%ae\/wp-json\/wp\/v2\/media?parent=8217"}],"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=8217"},{"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=8217"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}