Which of the following statements is correct?
1. AIIB is China sponsored Bank
2. AIIB approved loan for Andrapradesh

) Only 1
) Only 2

) Both 1 and 2
) None of the above

Correct answer:
) Both 1 and 2

Description for Correct answer:
China-sponsored Asian Infrastructure Investment Bank (AIIB) approved USD 160 million loan for a '24 x 7 Power for All' project in Andhra Pradesh.

Please provide the error details in above question

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