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With reference to the Group of Twenty (G20) organisation, consider the following statements:
The theme of upcoming G20 summit “Vasudhaiva Kutumbakam” has been taken from Maha Upanishad.
  • ‘Sherpas’ are governors of the central bank representing particular countries in the G20 summit.
  • G20 in association with World Bank has launched Stolen asset recovery (StAR) initiative to put an end to safe havens for corrupt funds.
    Which of the statement/s given above is/are correct?
    • a)
      1 only
    • b)
      1 and 2 only
    • c)
      1 and 3 only
    • d)
      2 and 3 only
    Correct answer is option 'A'. Can you explain this answer?
    Most Upvoted Answer
    With reference to the Group of Twenty (G20) organisation, consider th...
    Explanation:

    1. The theme of upcoming G20 summit:
    - The statement is correct. The theme of the upcoming G20 summit is indeed “Vasudhaiva Kutumbakam,” which is taken from the Maha Upanishad. This phrase translates to "the world is one family," emphasizing global unity and cooperation.

    2. 'Sherpas' in the G20 summit:
    - The statement is incorrect. 'Sherpas' are not governors of the central bank representing particular countries in the G20 summit. In the context of the G20, 'Sherpas' are actually personal representatives of the G20 leaders who help prepare the agenda and coordinate negotiations before the summit.

    3. Stolen asset recovery (StAR) initiative:
    - The statement is correct. The G20, in partnership with the World Bank, has indeed launched the Stolen Asset Recovery (StAR) initiative. This initiative aims to combat corruption by recovering stolen assets and putting an end to safe havens for corrupt funds.
    Therefore, the correct answer is option 'A' - 1 only.
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    With reference to the Group of Twenty (G20) organisation, consider the following statements: The theme of upcoming G20 summit “Vasudhaiva Kutumbakam” has been taken from Maha Upanishad. ‘Sherpas’ are governors of the central bank representing particular countries in the G20 summit. G20 in association with World Bank has launched Stolen asset recovery (StAR) initiative to put an end to safe havens for corrupt funds. Which of the statement/s given above is/are correct?a)1 onlyb)1 and 2 onlyc)1 and 3 onlyd)2 and 3 onlyCorrect answer is option 'A'. Can you explain this answer?
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    With reference to the Group of Twenty (G20) organisation, consider the following statements: The theme of upcoming G20 summit “Vasudhaiva Kutumbakam” has been taken from Maha Upanishad. ‘Sherpas’ are governors of the central bank representing particular countries in the G20 summit. G20 in association with World Bank has launched Stolen asset recovery (StAR) initiative to put an end to safe havens for corrupt funds. Which of the statement/s given above is/are correct?a)1 onlyb)1 and 2 onlyc)1 and 3 onlyd)2 and 3 onlyCorrect answer is option 'A'. Can you explain this answer? for UPSC 2024 is part of UPSC preparation. The Question and answers have been prepared according to the UPSC exam syllabus. Information about With reference to the Group of Twenty (G20) organisation, consider the following statements: The theme of upcoming G20 summit “Vasudhaiva Kutumbakam” has been taken from Maha Upanishad. ‘Sherpas’ are governors of the central bank representing particular countries in the G20 summit. G20 in association with World Bank has launched Stolen asset recovery (StAR) initiative to put an end to safe havens for corrupt funds. Which of the statement/s given above is/are correct?a)1 onlyb)1 and 2 onlyc)1 and 3 onlyd)2 and 3 onlyCorrect answer is option 'A'. Can you explain this answer? covers all topics & solutions for UPSC 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for With reference to the Group of Twenty (G20) organisation, consider the following statements: The theme of upcoming G20 summit “Vasudhaiva Kutumbakam” has been taken from Maha Upanishad. ‘Sherpas’ are governors of the central bank representing particular countries in the G20 summit. G20 in association with World Bank has launched Stolen asset recovery (StAR) initiative to put an end to safe havens for corrupt funds. Which of the statement/s given above is/are correct?a)1 onlyb)1 and 2 onlyc)1 and 3 onlyd)2 and 3 onlyCorrect answer is option 'A'. Can you explain this answer?.
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