Question

UPSC Prelims 2023 Question:

Consider the following statements about G-20

  1. The G-20 group was originally established as 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.

Which of the statements given above is/are correct?

  1. 1. 1 only
  2. 2. 2 only
  3. 3. Both 1 and 2
  4. 4. Neither 1 nor 2

Answer (Detailed Solution Below)

Option 3: Both 1 and 2

Detailed Solution

Explanation:

  • 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. So, statement 1 is correct.

  • India is pitching its digital infrastructure at G20 as an open-access platform that can aid in improving development outcomes. So, statement 2 is correct.

Therefore, option (3) is the correct answer.

Subject: Polity | International Relations

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