[Solved] Consider the following statements about G-20: 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. Digital public infrastructure is one of India’s G-20 priorities. Which of the statements given above is/are correct?

Q10. 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?

1. 1 only
2. 2 only
3. Both 1 and 2
4. Neither 1 nor 2

Answer: C

• The G-20 was originally established in 1999 after the Asian Financial Crisis, as a meeting platform only for Finance Ministers and Central Bank Governors.
• The focus was to discuss international economic and financial issues.
• Only after the 2008 Global Financial Crisis was the G-20 elevated to a Leaders’ Summit level (Heads of State and Government).
• During India’s G-20 Presidency in 2023, Digital Public Infrastructure (DPI) (like UPI, Aadhaar, DigiLocker) was a major priority.
• India promoted the idea of DPI for achieving inclusive growth and bridging the digital divide globally.