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?
- (a) 1 only
- (b) 2 only
- (c) Both 1 and 2 ✓ UPSC's answer
- (d) Neither 1 nor 2
Why the answer is (c)
• Statement 1 is correct: the G20 was founded in 1999, after the Asian financial crisis, as a forum of Finance Ministers and Central Bank Governors of the major economies; it was raised to leaders' level only in 2008 after the global financial crisis.
• Statement 2 is correct: during its 2023 presidency India made digital public infrastructure — Aadhaar, UPI, DigiLocker and the 'India Stack' model — a key priority, alongside green development, inclusive growth and reform of multilateral institutions.
• The New Delhi Declaration endorsed a framework for DPI and a Global DPI Repository.
• Hence both 1 and 2, option (c).
Why the other options are wrong
- (a) 1 only
- Statement 2 is also correct: DPI was an Indian G20 priority.
- (b) 2 only
- Statement 1 is also correct: the G20 began as a finance ministers' forum.
- (d) Neither 1 nor 2
- Both statements are correct.
Asked in the GS Paper I of the UPSC Civil Services Preliminary Examination 2023, held on 28 May 2023. Question and answer key: Union Public Service Commission. Explanation: UPSC Answer Check.