With reference to the Build Back Better World (B3W) initiative, consider the following statements: It is an initiative of G20 group of nations. The B3W efforts are in line with the standards and principles of the Blue Dot Network It aims to address the infrastructure investment deficit in developing and lower-income countries.Which of the above statements is/are correct?a)1 and 2 onlyb)2 and 3 onlyc)1, 2 and 3d)None of the aboveCorrect answer is option 'B'. Can you explain this answer?

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With reference to the Build Back Better World (B3W) initiative, consider the following statements:

It is an initiative of G20 group of nations.
The B3W efforts are in line with the standards and principles of the Blue Dot Network
It aims to address the infrastructure investment deficit in developing and lower-income countries.

Which of the above statements is/are correct?

a)
1 and 2 only
b)
2 and 3 only
c)
1, 2 and 3
d)
None of the above

Correct answer is option 'B'. Can you explain this answer?

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With reference to the Build Back Better World (B3W) initiative, consid...

Statement Analysis:
Statement 1
Incorrect
Build Back Better World or B3W is an initiative undertaken by G7 countries

Statement 2
Correct
The B3W efforts are in line with the standards and principles of the Blue Dot Network (BDN), relating to the environment and climate, labor and social safeguards, financing, construction, anticorruption, and other areas.

Statement 3
Correct
Led by the United States, the G7 countries will work to address the $40 trillion worth of infrastructure needed by developing countries by 2035. The initiative aims to catalyze funding for quality infrastructure from the private sector and will encourage private-sector investments that support “climate, health and health security, digital technology, and gender equity and equality”

Context – US President Biden Announced the Build Back Better Framework

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With reference to the Build Back Better World (B3W) initiative, consider the following statements: It is an initiative of G20 group of nations. The B3W efforts are in line with the standards and principles of the Blue Dot Network It aims to address the infrastructure investment deficit in developing and lower-income countries.Which of the above statements is/are correct?a)1 and 2 onlyb)2 and 3 onlyc)1, 2 and 3d)None of the aboveCorrect answer is option 'B'. Can you explain this answer?

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With reference to the Build Back Better World (B3W) initiative, consider the following statements: It is an initiative of G20 group of nations. The B3W efforts are in line with the standards and principles of the Blue Dot Network It aims to address the infrastructure investment deficit in developing and lower-income countries.Which of the above statements is/are correct?a)1 and 2 onlyb)2 and 3 onlyc)1, 2 and 3d)None of the aboveCorrect answer is option 'B'. Can you explain this answer? for Class 12 2024 is part of Class 12 preparation. The Question and answers have been prepared according to the Class 12 exam syllabus. Information about With reference to the Build Back Better World (B3W) initiative, consider the following statements: It is an initiative of G20 group of nations. The B3W efforts are in line with the standards and principles of the Blue Dot Network It aims to address the infrastructure investment deficit in developing and lower-income countries.Which of the above statements is/are correct?a)1 and 2 onlyb)2 and 3 onlyc)1, 2 and 3d)None of the aboveCorrect answer is option 'B'. Can you explain this answer? covers all topics & solutions for Class 12 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for With reference to the Build Back Better World (B3W) initiative, consider the following statements: It is an initiative of G20 group of nations. The B3W efforts are in line with the standards and principles of the Blue Dot Network It aims to address the infrastructure investment deficit in developing and lower-income countries.Which of the above statements is/are correct?a)1 and 2 onlyb)2 and 3 onlyc)1, 2 and 3d)None of the aboveCorrect answer is option 'B'. Can you explain this answer?.

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