{"id":89291,"date":"2025-06-01T10:00:45","date_gmt":"2025-06-01T10:00:45","guid":{"rendered":"https:\/\/exam.pscnotes.com\/mcq\/?p=89291"},"modified":"2025-06-01T10:00:45","modified_gmt":"2025-06-01T10:00:45","slug":"which-one-of-the-following-was-not-identified-as-a-pillar-of-their-ref","status":"publish","type":"post","link":"https:\/\/exam.pscnotes.com\/mcq\/which-one-of-the-following-was-not-identified-as-a-pillar-of-their-ref\/","title":{"rendered":"Which one of the following was not identified as a pillar of their ref"},"content":{"rendered":"<p>Which one of the following was not identified as a pillar of their reform agenda by the heads of the G-20 nations in the declaration at the Toronto Summit in June 2010 ?<\/p>\n<p>[amp_mcq option1=&#8221;Relaxing regulatory framework&#8221; option2=&#8221;Effective supervision&#8221; option3=&#8221;Resolution and addressing systemic institutions&#8221; option4=&#8221;Transparent international assessment and peer review&#8221; correct=&#8221;option1&#8243;]<\/p>\n<div class=\"psc-box-pyq-exam-year-detail\">\n<div class=\"pyq-exam\">\n<div class=\"psc-heading\">This question was previously asked in<\/div>\n<div class=\"psc-title line-ellipsis\">UPSC CAPF &#8211; 2010<\/div>\n<\/div>\n<div class=\"pyq-exam-psc-buttons\"><a href=\"\/pyq\/pyq-upsc-capf-2010.pdf\" target=\"_blank\" class=\"psc-pdf-button\" rel=\"noopener\">Download PDF<\/a><a href=\"\/pyq-upsc-capf-2010\" target=\"_blank\" class=\"psc-attempt-button\" rel=\"noopener\">Attempt Online<\/a><\/div>\n<\/div>\n<section id=\"pyq-correct-answer\">\nAmong the options provided, &#8220;Relaxing regulatory framework&#8221; was not identified as a pillar of the reform agenda by G-20 nations in the declaration at the Toronto Summit in June 2010.<br \/>\n<\/section>\n<section id=\"pyq-key-points\">\nFollowing the 2008 global financial crisis, G-20 efforts focused on strengthening, not relaxing, the global financial regulatory framework. The Toronto Summit built on previous commitments, emphasizing areas like building stronger financial institutions, improving effective supervision, addressing systemic risk (including &#8216;too big to fail&#8217; institutions), and enhancing transparency and international cooperation through mechanisms like peer review. Relaxing regulations would have been contrary to the prevailing sentiment and goals of preventing future crises.<br \/>\n<\/section>\n<section id=\"pyq-additional-information\">\nThe G-20 leaders at the Toronto Summit committed to completing the financial regulatory reform agenda. Key areas included finalizing reforms to capital and liquidity standards for banks, strengthening oversight of the shadow banking system, improving resolution regimes for failed financial institutions, and enhancing the regulation of derivatives markets.<br \/>\n<\/section>\n","protected":false},"excerpt":{"rendered":"<p>Which one of the following was not identified as a pillar of their reform agenda by the heads of the G-20 nations in the declaration at the Toronto Summit in June 2010 ? [amp_mcq option1=&#8221;Relaxing regulatory framework&#8221; option2=&#8221;Effective supervision&#8221; option3=&#8221;Resolution and addressing systemic institutions&#8221; option4=&#8221;Transparent international assessment and peer review&#8221; correct=&#8221;option1&#8243;] This question was previously &#8230; <\/p>\n<p class=\"read-more-container\"><a title=\"Which one of the following was not identified as a pillar of their ref\" class=\"read-more button\" href=\"https:\/\/exam.pscnotes.com\/mcq\/which-one-of-the-following-was-not-identified-as-a-pillar-of-their-ref\/#more-89291\">Detailed Solution<span class=\"screen-reader-text\">Which one of the following was not identified as a pillar of their ref<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1085],"tags":[1464,1142],"class_list":["post-89291","post","type-post","status-publish","format-standard","hentry","category-upsc-capf","tag-1464","tag-current-news-and-affairs","no-featured-image-padding"],"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>Which one of the following was not identified as a pillar of their ref<\/title>\n<meta name=\"description\" content=\"Among the options provided, &quot;Relaxing regulatory framework&quot; was not identified as a pillar of the reform agenda by G-20 nations in the declaration at the Toronto Summit in June 2010. Following the 2008 global financial crisis, G-20 efforts focused on strengthening, not relaxing, the global financial regulatory framework. The Toronto Summit built on previous commitments, emphasizing areas like building stronger financial institutions, improving effective supervision, addressing systemic risk (including &#039;too big to fail&#039; institutions), and enhancing transparency and international cooperation through mechanisms like peer review. Relaxing regulations would have been contrary to the prevailing sentiment and goals of preventing future crises.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/exam.pscnotes.com\/mcq\/which-one-of-the-following-was-not-identified-as-a-pillar-of-their-ref\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Which one of the following was not identified as a pillar of their ref\" \/>\n<meta property=\"og:description\" content=\"Among the options provided, &quot;Relaxing regulatory framework&quot; was not identified as a pillar of the reform agenda by G-20 nations in the declaration at the Toronto Summit in June 2010. Following the 2008 global financial crisis, G-20 efforts focused on strengthening, not relaxing, the global financial regulatory framework. The Toronto Summit built on previous commitments, emphasizing areas like building stronger financial institutions, improving effective supervision, addressing systemic risk (including &#039;too big to fail&#039; institutions), and enhancing transparency and international cooperation through mechanisms like peer review. 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Following the 2008 global financial crisis, G-20 efforts focused on strengthening, not relaxing, the global financial regulatory framework. The Toronto Summit built on previous commitments, emphasizing areas like building stronger financial institutions, improving effective supervision, addressing systemic risk (including 'too big to fail' institutions), and enhancing transparency and international cooperation through mechanisms like peer review. Relaxing regulations would have been contrary to the prevailing sentiment and goals of preventing future crises.","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/exam.pscnotes.com\/mcq\/which-one-of-the-following-was-not-identified-as-a-pillar-of-their-ref\/","og_locale":"en_US","og_type":"article","og_title":"Which one of the following was not identified as a pillar of their ref","og_description":"Among the options provided, \"Relaxing regulatory framework\" was not identified as a pillar of the reform agenda by G-20 nations in the declaration at the Toronto Summit in June 2010. Following the 2008 global financial crisis, G-20 efforts focused on strengthening, not relaxing, the global financial regulatory framework. The Toronto Summit built on previous commitments, emphasizing areas like building stronger financial institutions, improving effective supervision, addressing systemic risk (including 'too big to fail' institutions), and enhancing transparency and international cooperation through mechanisms like peer review. 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