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Q100·GS Paper 1 · Prelims 2023

G-20 — originally established as Finance Ministers and Central Bank Governors platform; Digital public infrastructure as India's G-20 priority

IRGlobal Economic GovernanceStatement-basedEasyCurrent-affairs-linked

Question

Consider the following statements about G-20: Which of the statements given above is/are correct?

  1. 1.

    The G-20 group was originally established as a platform for the Finance Ministers and Central Bank Governors to discuss the international economic and financial issues.

  2. 2.

    Digital public infrastructure is one of India's G-20 priorities.

Options

a

1 only

b

2 only

c

Both 1 and 2

Answer
d

Neither 1 nor 2

Explanation

Both statements are correct. The G-20 was formed in 1999 (in response to the Asian Financial Crisis) strictly as a forum for Finance Ministers and Central Bank Governors, before being upgraded to the leader level in 2008. During its 2023 presidency, India aggressively championed the global adoption of Digital Public Infrastructure (DPI) (like UPI and Aadhaar) as a core priority.

The G-20 began strictly as a financial steering committee; DPI is India's most aggressively exported governance model from its recent presidency.

Answer: (c).

Question details

Year

2023

Paper

GS Paper 1

Question

Q100

Subject

International Relations

Sub-topic

Global Economic Governance

Type

Statement-based

Difficulty

Easy

Nature

Current-affairs-linked

Source hint

G20 Bali Summit / India G20 Presidency Digital Infrastructure 2022

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