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FM attended G20 Central Bank Governors Meeting

Published on March 01, 2021
Current Context: The Union Finance and Corporate Affairs Minister Nirmala Sitharaman, participated in First G20 Finance Ministers and Central Bank Governors (FMCBG) meeting.
FM attended G20 Central Bank Governors Meeting
  • The meeting was held under the Italian Presidency.
  • The meeting was held to discuss policy actions to have transformative and equitable recovery.
  • The dignitaries discussed global economic outlook, financial sector issues, financial inclusion and sustainable finance.
  • The Finance Minister discussed steps taken by India to tackle the pandemic. She discussed the policies associated with this.
  • She mentioned that India’s policies are framed with an aim to support credit guarantees, direct transfers, food guarantees, economic stimulus packages and accelerating structural reform.
  • She also highlighted India's vaccination programme at the meeting.
  • The dignitaries discussed the implications of climate change on global growth and financial stability. In this regards, India’s FM stated the importance of the transfer of green technologies and scaling up of climate finance.

Question: 

Q.1 Under which country’s presidency was G20 Finance Ministers and Central Bank Governors (FMCBG) meeting held?
a. Canada
b. Turkey
c. Japan
d. Italy
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