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?

(a) 1 only
(b) 2 only
(c) Both 1 and 2
(d) Neither 1 nor 2

Ans: c

Explanation:

The G20 was founded in 1999 after the Asian financial crisis as a forum for the Finance Ministers and Central Bank Governors to discuss global economic and financial issues.

The G20 was upgraded to the level of Heads of State/Government in the wake of the global economic and financial crisis of 2007, and, in 2009, was designated the premier forum for international economic cooperation.

The G20 Summit is held annually, under the leadership of a rotating Presidency. The G20 initially focused largely on broad macroeconomic issues, but it has since expanded its agenda to inter-alia include trade, sustainable development, health, agriculture, energy, environment, climate change, and anti-corruption.

Hence statement 1 is correct.

As part of the G20 India Presidency, Global Partnership of Financial Inclusion (GPFI) Working Group arrived at the  consensus on the description of DPI. The G20 DEMM Outcome Document defines  Digital public infrastructure (DPI) as “a set of shared digital systems that should be secure and interoperable, and can be built on open standards and specifications to deliver and provide equitable access to public and / or private services at societal scale. So DPI is one of India’s G-20 priorities Hence statement 2 is correct.

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