Luxembourg became 10th country to ratify AIIB agreement

Q.  ____________ on 8th December 2015 became the 10th country to ratify AoA /Articles of Agreement for AIIB.
- Published on 11 Dec 15

a. China
b. Russia
c. Germany
d. Luxembourg

ANSWER: Luxembourg
 
Luxembourg on 8th December 2015 became the 10th country to ratify the Articles of Agreement (AoA) that will lay the legal framework for the China-initiated Asian Infrastructure Investment Bank (AIIB). Australia, Austria, Brunei Darussalam, China, Mongolia, Nepal, New Zealand, Singapore and United Kingdom ratified the 60-article agreement so far. 10 nations are among the 57 member founder countries of the multilateral bank. Its headquarters are in Beijing.

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