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 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?
✓ Correct answer: c) Both 1 and 2
ExplanationStatement 1 is correct : The G-20 was established in 1999 in response to the financial crises of the late 1990s.It be- gan as a forum for Finance Ministers and Central Bank Gover- nors from major economies to discuss international economic and financial issues.The primary aim was to bring together both developed and emerging economies to promote interna- tional financial stability.Statement 2 is correct : During its G-20 presidency in 2023, India has prioritized digital public infrastructure (DPI) as a key agenda item.India has been a global leader in developing and implementing DPI such as the Aadhaar biometric identi- fication system, the Unified Payments Interface (UPI), and the DigiLocker platform.India aims to share its expertise and promote the adoption of DPI globally to foster inclusive growth and digital transformation.16
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