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?
- A1 only
- B2 only
- CBoth 1 and 2Correct
- DNeither 1 nor 2
Explanation
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The G20 (Group of Twenty) was established in 1999 primarily as a forum for the Finance Ministers and Central Bank Governors from systemically important industrialized and developing economies. Its initial purpose was to discuss key issues in the global economy and financial stability, particularly in the wake of the Asian financial crisis of the late 1990s. Thus, Statement 1 is Correct.
-
During India's G20 Presidency in 2022-2023, 'digital public infrastructure' (DPI) was indeed highlighted as one of the key priority areas. India championed the concept of DPI, including digital payment systems (like UPI) and digital identity (like Aadhaar), as a means to foster financial inclusion, improve service delivery, and accelerate sustainable development globally. Thus, Statement 2 is Correct.

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