The 'Asian Infrastructure Investment Bank' was established in which year? MCQ with Answer and Explanation

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The 'Asian Infrastructure Investment Bank' was established in which year?

A. 2017

B. 2013

C. 2016

D. 2015

Answer: Option D

Solution (By JKSSB Mock Tests)

AIIB was established in 2015.

This question belongs to: Economy GK Economy Set 1

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Question #1

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The 'Silver Revolution' is associated with:

A. egg and poultry production

B. wool production

C. milk production

D. fish production

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Correct Answer: Option A

Explanation:
Silver Revolution refers to rapid growth in egg and poultry production.

This question belongs to: Economy GK Economy Set 1

Question #2

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The 'Trade-Related Aspects of Intellectual Property Rights' agreement came into force in which year?

A. 1995

B. 1998

C. 2000

D. 1994

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Correct Answer: Option A

Explanation:
TRIPS came into force in 1995.

This question belongs to: Economy GK Economy Set 1

Question #3

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Which of the following is a feature of the Indian banking system?

A. Absence of priority sector lending norms

B. No role for foreign banks

C. Complete absence of NBFCs

D. Dual regulation of cooperative banks by RBI and state governments

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Correct Answer: Option D

Explanation:
Urban and rural cooperative banks in India are subject to dual regulation by the Reserve Bank of India and the respective state governments.

This question belongs to: Economy GK Economy Set 1

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