UPSC Prelims 2023 – Question 100

UPSC Prelims 2023 – Question 100

UPSC Prelims Mock Test - ECONOMY 2

Here is Question No. 100 a part of our series on UPSC Prelims 2023.

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. 

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