{"id":1576,"date":"2024-03-05T15:19:33","date_gmt":"2024-03-05T15:19:33","guid":{"rendered":"https:\/\/exam.pscnotes.com\/mcq\/?p=1576"},"modified":"2024-03-05T15:19:33","modified_gmt":"2024-03-05T15:19:33","slug":"104-with-reference-to-the-g20-common-framework-consider-the-following-statements-it-is-an-initiative-endorsed-by-the-g20-together-with-the-paris-club-it-is-an-initiative-to-support-low-income-count","status":"publish","type":"post","link":"https:\/\/exam.pscnotes.com\/mcq\/104-with-reference-to-the-g20-common-framework-consider-the-following-statements-it-is-an-initiative-endorsed-by-the-g20-together-with-the-paris-club-it-is-an-initiative-to-support-low-income-count\/","title":{"rendered":"104.With reference to the &#8220;G20 Common Framework consider the following statements it is an initiative endorsed by the G20 together with the Paris Club, It is an initiative to support Low Income Countries with unsustainable debt. Which of the statements given above is\/are correct?"},"content":{"rendered":"<p>\r\n    <!-- Check if it's an AMP page -->\r\n            <!-- Non-AMP version -->\r\n        <div class=\"mcq-container\" data-quiz-id=\"quizState_6a977bfe737d8\">\r\n                                            <div class=\"option\" data-option-key=\"option1\" data-is-correct=\"false\">\r\n                    1 only                <\/div>\r\n                                            <div class=\"option\" data-option-key=\"option2\" data-is-correct=\"false\">\r\n                    2 only                <\/div>\r\n                                            <div class=\"option\" data-option-key=\"option3\" data-is-correct=\"true\">\r\n                    Both 1 and 2                <\/div>\r\n                                            <div class=\"option\" data-option-key=\"option4\" data-is-correct=\"false\">\r\n                    Neither 1 nor 2                <\/div>\r\n                            \r\n            <!-- Feedback messages for non-AMP -->\r\n            <div class=\"feedback\" data-feedback=\"wrong\">Answer is Right!<\/div>\r\n            <div class=\"feedback\" data-feedback=\"right\">Answer is Wrong!<\/div>\r\n        <\/div>\r\n\r\n        <script>\r\n        document.addEventListener('DOMContentLoaded', function () {\r\n            var containers = document.querySelectorAll('.mcq-container');\r\n\r\n            containers.forEach(function(container) {\r\n                var options = container.querySelectorAll('.option');\r\n                var feedbackSelect = container.querySelector('[data-feedback=\"select\"]');\r\n                var feedbackWrong = container.querySelector('[data-feedback=\"wrong\"]');\r\n                var feedbackRight = container.querySelector('[data-feedback=\"right\"]');\r\n\r\n                options.forEach(function(option) {\r\n                    option.addEventListener('click', function() {\r\n                        var selectedOption = option.getAttribute('data-option-key');\r\n                        var isCorrect = option.getAttribute('data-is-correct') === 'true';\r\n\r\n                        \/\/ Remove previous selections\r\n                        options.forEach(function(opt) {\r\n                            opt.classList.remove('correct', 'incorrect');\r\n                        });\r\n\r\n                        \/\/ Add the correct\/incorrect class\r\n                        if (isCorrect) {\r\n                            option.classList.add('correct');\r\n                            feedbackRight.hidden = false;\r\n                            feedbackWrong.hidden = true;\r\n                        } else {\r\n                            option.classList.add('incorrect');\r\n                            feedbackRight.hidden = true;\r\n                            feedbackWrong.hidden = false;\r\n                        }\r\n\r\n                        \/\/ Hide select feedback\r\n                        feedbackSelect.hidden = true;\r\n                    });\r\n                });\r\n            });\r\n        });\r\n        <\/script>\r\n    \r\n    <!--more--><\/p>\n<p>The correct answer is (c).<\/p>\n<p>The G20 Common Framework is an initiative endorsed by the G20 together with the Paris Club to support Low Income Countries with unsustainable debt. It was launched in October 2020 in response to the COVID-19 pandemic, which has exacerbated the debt problems of many low-income countries.<\/p>\n<p>The Framework provides a comprehensive approach to debt restructuring, including debt service suspension, debt relief, and debt restructuring. It is designed to be flexible and tailored to the specific needs of each country.<\/p>\n<p>The Framework has been <div class=\"telegram-channel-container\">\r\n        <a href=\"https:\/\/t.me\/pscnotes2025\" target=\"_blank\" class=\"telegram-channel-button\">\r\n            <span class=\"telegram-icon\">\r\n                <svg xmlns=\"http:\/\/www.w3.org\/2000\/svg\" viewBox=\"0 0 496 512\">\r\n                    <path fill=\"white\" d=\"M248,8C111,8,0,119,0,256s111,248,248,248s248-111,248-248S385,8,248,8z M362,177L320,367c-3,14-10,18-20,14l-56-41l-27,26 c-3,3-5,5-10,5l4-63L323,196c5-5-1-7-8-3l-98,62l-42-13c-9-3-10-9,2-14l162-63C351,160,365,164,362,177z\"\/>\r\n                <\/svg>\r\n            <\/span>\r\n            Join Our Telegram Channel\r\n        <\/a>\r\n    <\/div> welcomed by many low-income countries, as it provides them with a much-needed lifeline. However, it has also been criticized by some, who argue that it does not go far enough in addressing the debt problems of these countries.<\/p>\n<p>Overall, the G20 Common Framework <div class=\"youtube-subscribe-container\">\r\n        <a href=\"https:\/\/www.youtube.com\/channel\/UCNHT8lW-JmLC68rjBfZhdkg?sub_confirmation=1\" target=\"_blank\" class=\"youtube-subscribe-button\">\r\n            <span class=\"youtube-icon\">\r\n                <svg xmlns=\"http:\/\/www.w3.org\/2000\/svg\" viewBox=\"0 0 576 512\">\r\n                    <path d=\"M549.7 124.1c-6.3-23.7-24.8-42.3-48.3-48.6C458.8 64 288 64 288 64S117.2 64 74.6 75.5c-23.5 6.3-42 24.9-48.3 48.6-11.4 42.9-11.4 132.3-11.4 132.3s0 89.4 11.4 132.3c6.3 23.7 24.8 41.5 48.3 47.8C117.2 448 288 448 288 448s170.8 0 213.4-11.5c23.5-6.3 42-24.2 48.3-47.8 11.4-42.9 11.4-132.3 11.4-132.3s0-89.4-11.4-132.3zm-317.5 213.5V175.2l142.7 81.2-142.7 81.2z\"\/>\r\n                <\/svg>\r\n            <\/span>\r\n            Subscribe on YouTube\r\n        <\/a>\r\n    <\/div> is a positive development, but it remains to be seen whether it will be effective in addressing the debt problems of low-income countries.<\/p>\n<p>Statement 1 is correct. The G20 Common Framework is an initiative endorsed by the G20 together with the Paris Club.<\/p>\n<p>Statement 2 is also correct. The G20 Common Framework is an initiative to support Low Income Countries with unsustainable debt.<\/p>\n<p>Therefore, both statements are correct.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Subscribe on YouTube<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[12],"tags":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v22.2 (Yoast SEO v23.3) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>104.With reference to the &quot;G20 Common Framework consider the following statements it is an initiative endorsed by the G20 together with the Paris Club, It is an initiative to support Low Income Countries with unsustainable debt. 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