Easy
1 point
ID: #5441
Question
What is the name of the new Multilateral Development Bank (MDB), initiated by China?
Options
1
Asian Infrastructure Development Bank
Correct Answer
2
Asian Infrastructure Investment Bank
Correct Answer
3
Asian National Development Bank
Correct Answer
4
Asian Cooperative Investment Bank
Correct Answer
Explanation
The Asian Infrastructure Investment Bank (AIIB) is a multilateral development bank initiated by China. It aims to support the building of infrastructure in the Asia-Pacific region.