Q100. Consider the following statements about G-20:
1. The G-20 group was originally established as a platform for the Finance Ministers and Central Bank Governors to discuss international economic and financial issues. 2. Digital public infrastructure is one of India’s G-20 priorities.
Which of the statements given above is/are correct?
(a) 1 only (b) 2 only (c) Both 1 and 2 (d) Neither 1 nor 2
Correct Answer: Option (c)
The G20 group of 19 countries and the EU was established in 1999 as a platform for Finance Ministers and Central Bank Governors to discuss international economic and financial issues. Together, the G20 countries account for almost two-thirds of the global population, 75% of global trade, and 85% of the world’s GDP. Hence, statement 1 is correct.
India is pitching its digital infrastructure at G20 as an open-access platform that can aid in improving development outcomes. Hence, statement 2 is correct.