Nirmala Sitharaman meets AIIB Board of Directors in New Delhi
On 11 November 2024 in New Delhi, Finance Minister Nirmala Sitharaman met a delegation of the Board of Directors of the Asian Infrastructure Investment Bank (AIIB).
Summary
On 11 November 2024 in New Delhi, Union Finance Minister Nirmala Sitharaman met an Asian Infrastructure Investment Bank (AIIB) delegation of 11 officials of its Board of Directors from 9 constituencies. The Finance Minister, who is also Governor on the AIIB Board, said the bank should broaden investment in climate adaptation and resilience, infrastructure, energy security and urban development, set up a mechanism to transfer knowledge and technology from India to similar countries, and scale up private capital mobilisation.
Key facts
- Date/place
- 11 Nov 2024, New Delhi
- Delegation
- 11 AIIB Board officials from 9 constituencies
- India's role
- Finance Minister is Governor on the AIIB Board
- Asks
- More investment in climate adaptation, infrastructure, energy security, urban development
Practice MCQs 2 questions
Consider the following about Finance Minister Nirmala Sitharaman's meeting with the AIIB delegation on 11 November 2024: 1. The delegation comprised 11 officials of the AIIB Board of Directors from 9 constituencies. 2. The Finance Minister is an Alternate Governor on the AIIB Board. Which of the above is/are correct?
Show answer
Correct answer: A — 1 only
PIB (Finance): the delegation had 11 officials from 9 constituencies, and the Finance Minister is Governor (not Alternate Governor) on the AIIB Board. So only 1 is correct.
The Asian Infrastructure Investment Bank delegation that met the Finance Minister on 11 November 2024 was drawn from the bank's:
Show answer
Correct answer: B — Board of Directors
PIB (Finance): the delegation comprised 11 officials of the Board of Directors of AIIB from 9 different constituencies.