AIIB & The Changing World Order

AIIB set to lend Pakistan $500 million


From UPSC perspective, the following things are important :

Prelims level : AIIB

Mains level : Not Much

The Asian Infrastructure Investment Bank (AIIB) is scheduled to lend $500 million to Pakistan in this month.

Asian Infrastructure Investment Bank (AIIB)

  • The Asian Infrastructure Investment Bank (AIIB) is a multilateral development bank with a mission to improve social and economic outcomes in Asia, began operations in January 2016.
  • It aims to stimulate growth and improve access to basic services by furthering interconnectivity and economic development in the region through advancements in infrastructure.
  • AIIB has now grown to 102 approved members worldwide.
  • The US & Japan are not its members.
  • It is a brainchild of China. It has invested in 13 member regions.

Capital and shareholding of AIIB

  • It has authorized capital of US 100 billion dollars and subscribed capital of USD 50 billion.
  • It offers sovereign and non-sovereign finance for projects in various sectors with an interest rate of London Interbank Offered Rate (LIBOR) plus 1.15 % and a repayment period of 25 years with 5 years in grace period.
  • China is the largest shareholder in AIIB with a 26.06% voting power, followed by India with 7.62% and Russia with 5.92% voting power.

Try this question from CSP 2019

Q.With reference to Asian Infrastructure Investment Bank (AIIB), consider the following statements

  1. AIIB has more than 80 member nations.
  2. India is the largest shareholder in AIIB.
  3. AIIB does not have any members from outside Asia.

Which of the statements given above is/are correct?

(a) 1 only

(b) 2 and 3 only

(c) 1 and 3 only

(d) 1, 2 and 3


Post your answers here.
Please leave a feedback on thisx


UPSC 2023 countdown has begun! Get your personal guidance plan now! (Click here)

Get an IAS/IPS ranker as your 1: 1 personal mentor for UPSC 2024

Attend Now

Notify of
Newest Most Voted
Inline Feedbacks
View all comments
User Avatar
1 year ago
Post your answers here." Read more »


User Avatar
Post your answers here." Read more »



Join us across Social Media platforms.

💥FREE for 24 Hours Prelims Notes
This is default text for notification bar