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Finance Ministers & Central Bank Governors of BRICS

Published on June 07, 2022
Current Context: Finance Ministers and Central Bank Governors of BRICS countries issued a joint statement to deepen financial cooperation and strengthen coordination on macroeconomic policy.
Finance Ministers & Central Bank Governors of BRICS
  • This FMCBG meeting took place under the BRICS China chairmanship.
  • The main objective of this meeting is to have coordination in driving the world economy out of the crisis and shaping a strong, sustainable economy.
  • In addition to that, it has also been discussed about the importance of transition finance has in facilitating orderly green and low-carbon transition.
  • They have also engaged in dialogues and facilitated the exchange of experiences, concerns, and ideas for rebuilding sustainable and inclusive growth.
  • Considering India’s economic growth it has been committed that fiscal spending along with an investment push, will be provided imparting at the macro level to provide momentum to economic growth.

Question:

Q.1 BRICS Finance Ministers and Central Bank Governors meeting took place under whose chairmanship?
a. India
b. Russia
c. China
d. South Africa
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