G-20 — originally established as Finance Ministers and Central Bank Governors platform; Digital public infrastructure as India's G-20 priority
Question
Consider the following statements about G-20: Which of the statements given above is/are correct?
- 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.
Digital public infrastructure is one of India's G-20 priorities.
Options
1 only
2 only
Both 1 and 2
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.
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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