What percentage of the initial subscriptions of the Authorized Capital Stock was required for AIIB's agreement to enter into force?
25%
50%
75%
100%
Answer
The AIIB's agreement entered into force after receiving ratifications from 10 member states holding a total of 50% of the initial subscriptions of the Authorized Capital Stock. This milestone marked the official start of the bank's operations.
Asian Infrastructure Investment Bank Challenge: 20 Questions to Test Your Mastery