Are you Ready for Insta 75 Days Revision Plan (UPSC Prelims - 2020)?
Insights Daily Debates: Day – 32
08 September 2015
AIIB vs NDB – Rivals or Friends?
What are the objectives of setting up of AIIB and NDB? Is NDB needed when AIIB is there? Will AIIB eventually destroy NDB? Is NDB robust enough to implement its objectives? How important is China factor in deciding the destinies of both banks? Are they rivals or complimentary?