Consider the following statements about G-20: 1. The G-20 group was

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 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?

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1 only

2 only

Both 1 and 2

Neither 1 nor 2

Answer is Right!

Answer is Wrong!

This question was previously asked in

UPSC IAS – 2023

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Both Statement 1 and Statement 2 are correct.

The G-20 was indeed established in 1999 as a forum for Finance Ministers and Central Bank Governors from systematically important industrialized and developing economies to discuss global economic and financial issues. India, during its G20 presidency in 2023, highlighted the promotion of Digital Public Infrastructure (DPI) as a significant priority area for global cooperation and development.

The G20 leaders started meeting annually since 2008. The agenda of the G20 has expanded beyond economic and financial issues to include topics such as trade, climate change, sustainable development, health, agriculture, energy, anti-corruption, and digitalisation, reflecting the G20’s role as a premier forum for international economic cooperation. India’s G20 presidency focused on themes like “Vasudhaiva Kutumbakam” (One Earth, One Family, One Future) and included priorities such as green development, climate finance, accelerated, inclusive, and resilient growth, and harnessing digital public infrastructure.

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