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India is the Highest-Ranked G20 country

Published on March 18, 2023
Current context: India is the "highest-ranked G20 country according to the Climate Change Performance Index 2023" and is also the "5th best-performing country globally" as stated by RBI governor, Shaktikanta das.
India is the Highest-Ranked G20 country
  • During the 17th KP Hormis Commemorative Lecture, India remains as one of the fastest growing economies in the world, our energy demand could rise manifold. The challenges are:one, to meet the projected increase in energy demand; and two, to rapidly transition from fossil fuel to renewable energy.
  • ” Coalition for Disaster Resilient Infrastructure (CDRI, India” is providing leadership to global efforts for addressing these challenges.
  • The ongoing global crisis is a major test for the G20 which represents 85 per cent of world GDP and 75 per cent of global trade. The G20 was founded in 1999 as a forum for the Finance Ministers and Central Bank Governors to discuss global issues.
  • Developments in the US drive home reviews the importance of ensuring prudent asset liability management, robust risk management and sustainable growth in liabilities and assets.
  • The regulatory steps included like the following schemes: the implementation of leverage ratio (June 2019), large exposures framework (June 2019), guidelines on governance in commercial banks (April 2021), guidelines on securitisation of standard assets (September 2021), scale-bird regulatory (SBR) framework for NBFCs (October 2021), revised regulatory framework for microfinance (April 2022), Revised regulatory framework (July 2022) for Urban Cooperative Banks (UCBs) and guidelines on digital lending (September 2022).

Question:

Q.1 Which country is highest-ranked G20 country according to the Climate Change Performance Index 2023" and is also the "5th best-performing country globally
a. Australia
b. India
c. Japan
d. Zimbabwe
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