Question

UPSC Prelims 2022 Question:

Consider the following

  1. Asian Infrastructure Investment Bank
  2. Missile Technology Control Regime
  3. Shanghai Cooperation Organisation

India is a member of which of the above?

  1. 1. 1 and 2 only
  2. 2. 3 only
  3. 3. 2 and 3 only
  4. 4. 1, 2 and 3

Answer (Detailed Solution Below)

Option 4: 1, 2 and 3

Detailed Solution

Explanation:

  • The Asian Infrastructure Investment Bank (AIIB) is a multilateral development bank whose mission is financing the Infrastructure for Tomorrow—infrastructure with sustainability at its core. It began operations in Beijing in January 2016 and have since grown to 105 approved members worldwide. India is founding member of the AIIB. So, point 1 is correct.

  • India in 2018 became an official member of the weapons regulatory body – Missile Technology Control Regime (MTCR) – that enables it to become a global arms exporter while granting it access to sensitive technology. The aim of the MTCR is to restrict the proliferation of missiles, complete rocket systems, unmanned air vehicles, and related technology for those systems capable of carrying a 500 kg payload at least 300 km, as well as systems intended for the delivery of weapons of mass destruction (WMD). So, point 2 is correct.

  • The Shanghai Cooperation Organization (SCO) is an intergovernmental organization founded in Shanghai on 15 June 2001. The SCO currently comprises eight Member States (China, India, Kazakhstan, Kyrgyzstan, Russia, Pakistan, Tajikistan and Uzbekistan). India became permanent member of the SCO in 2017. So, point 3 is correct.

Therefore, option (4) is the correct answer.  

Subject: Economics|Economic Organisations and Conventions

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