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?
Correct Answer: Option C
Explanation
1. The G-20 was formed in 1999 in the backdrop of the Asian financial crisis of the late 1990s. It was initially established as a meeting for the Finance Ministers and Central Bank Governors to discuss global economic and financial issues. The Leaders' Summit level was introduced in 2008. Thus, the original establishment purpose described is correct.
2. Under India's G-20 Presidency (December 1, 2022, to November 30, 2023), promoting Digital Public Infrastructure (DPI) was indeed one of the key stated priorities. India showcased its own DPI model (like UPI, Aadhaar) and advocated for global cooperation on DPI. Thus, this statement is also correct.
3. Since both statements are correct, the correct option is (C).
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