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UPSC Economics Globalisation Question Bank World Economy

  • question_answer
          Consider the following regaring G20 summit. Where did the third edition of the G20 Framework Working Group conclude on 29th March, 2017?
    (I) The focus of the meeting was to deliberate on the inclusive growth agenda of the G20 and formulation of a framework for country specific inclusive growth policies.
    (II) The meeting was co-hosted by the Union Ministry of Finance and the State Bank of India (SBI). G20 group is helping India to enhance the production from the manufacturing capacity to INR 2 lakh crore under the Make in India initiative.
    Which of the following is/are correct?

    A) Only I                          

    B) Both I and II

    C) Only II                         

    D) None of the above.

    Correct Answer: A

    Solution :

    Only I is correct. The meeting was co-hosted by the Union Ministry of Finance and the Reserve Bank of India (RBI). G20 group is helping India to enhance the production from the manufacturing capacity to INR 2 lakh crore under the Make in India initiative.


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