Question : In January 2022, former RBI Governor, Urjit Patel has been appointed as vice-president for investment operations in____.
Option 1: World Bank
Option 2: New Development Bank
Option 3: International Monetary Fund
Option 4: Asian Infrastructure Investment Bank
Correct Answer: Asian Infrastructure Investment Bank
Solution : The correct answer is the Asian Infrastructure Investment Bank.
Urjit Patel, the former Reserve Bank of India (RBI) governor, has been appointed as the vice-president of the Asian Infrastructure Investment Bank (AIIB), headquartered in Beijing. Patel is set to serve a three-year term as one of the five vice presidents of the Multilateral Development Bank. His role will involve taking over from D.J. Pandian, the former Gujarat Chief Secretary, who previously held the position of Vice-President and oversaw the AIIB's investment operations along with sovereign and non-sovereign lending activities in South and Southeast Asia.
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