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. \[ \boxed{\text{China}} \]

Answer 2

The location of an international bank's headquarters is usually tied to the country that championed its formation, so each option can be checked against that idea.

1. Option 1 (France): France hosts other global institutions but did not initiate or host the AIIB.
2. Option 2 (Australia): Australia is a member nation of the AIIB but is not where its headquarters sits.
3. Option 3 (China): China proposed and led the creation of the AIIB, and its headquarters was set up in Beijing, reflecting China's central role in founding the bank.
4. Option 4 (Germany): Germany is a participating member but not the host country of the bank's offices.

Since Beijing houses the AIIB's headquarters, option 3 stands out as correct.

Hence, the correct answer is China.