UPSC Exam > UPSC Questions > Consider the following statements regarding t...
Start Learning for Free
Consider the following statements regarding the Africa Club:
1. It is an alliance of African multilateral financial Institutions.
2. It aims to eradicate poverty from all countries of the African Union.
Which of the statements given above is/are correct?
- a)1 only
- b)2 only
- c)Both 1 and 2
- d)Neither 1 nor 2
Correct answer is option 'A'. Can you explain this answer?
| FREE This question is part of | Download PDF Attempt this Test |
Most Upvoted Answer
Consider the following statements regarding the Africa Club:1. It is a...
Recently, at the 37th African Union Summit member countries took an initiative of forming Africa Club.
- What it is? It is the Alliance of African Multilateral Financial Institutions (which are African owned and controlled) launched at the African Union summit.
- The initiative aims to amplify Africa's influence in the global financial system by aligning its functions with the SDGs and the African Union's Agenda 2063.
- It seeks to introduce innovative financial instruments, provide a venue for debt management discussions and foster collaborative effort to address the specific needs of African countries.
- Its members include African Export Import Bank, Trade and Development Bank, Africa Finance Corporation, African Reinsurance Corporation, African Trade and Investment Development Insurance, Shelter Afrique Development Bank and ZEP – RE (PTA Reinsurance Co).
Hence only statement 1 is correct.
Free Test
FREE
| Start Free Test |
Community Answer
Consider the following statements regarding the Africa Club:1. It is a...
Explanation:
1. Africa Club:
- The Africa Club is not an alliance of African multilateral financial institutions. It is a group of African leaders and policymakers who come together to discuss and address key issues facing the continent.
- Therefore, statement 1 is incorrect.
2. Aims of Africa Club:
- The primary aim of the Africa Club is to promote sustainable development in Africa by fostering dialogue, collaboration, and knowledge sharing among African leaders and policymakers.
- While poverty eradication is a key goal for many African organizations and initiatives, the Africa Club's main focus is on broader development issues rather than specifically targeting poverty eradication.
- Therefore, statement 2 is incorrect.
In conclusion, neither of the statements given is correct. The Africa Club is not an alliance of African multilateral financial institutions, and its main aim is not solely focused on eradicating poverty from all countries of the African Union.
1. Africa Club:
- The Africa Club is not an alliance of African multilateral financial institutions. It is a group of African leaders and policymakers who come together to discuss and address key issues facing the continent.
- Therefore, statement 1 is incorrect.
2. Aims of Africa Club:
- The primary aim of the Africa Club is to promote sustainable development in Africa by fostering dialogue, collaboration, and knowledge sharing among African leaders and policymakers.
- While poverty eradication is a key goal for many African organizations and initiatives, the Africa Club's main focus is on broader development issues rather than specifically targeting poverty eradication.
- Therefore, statement 2 is incorrect.
In conclusion, neither of the statements given is correct. The Africa Club is not an alliance of African multilateral financial institutions, and its main aim is not solely focused on eradicating poverty from all countries of the African Union.
Attention UPSC Students!
To make sure you are not studying endlessly, EduRev has designed UPSC study material, with Structured Courses, Videos, & Test Series. Plus get personalized analysis, doubt solving and improvement plans to achieve a great score in UPSC.
|
Explore Courses for UPSC exam
|
|
Top Courses for UPSCView all
Consider the following statements regarding the Africa Club:1. It is an alliance of African multilateral financial Institutions.2. It aims to eradicate poverty from all countries of the African Union.Which of the statements given above is/are correct?a)1 onlyb)2 onlyc)Both 1 and 2d)Neither 1 nor 2Correct answer is option 'A'. Can you explain this answer?
Question Description
Consider the following statements regarding the Africa Club:1. It is an alliance of African multilateral financial Institutions.2. It aims to eradicate poverty from all countries of the African Union.Which of the statements given above is/are correct?a)1 onlyb)2 onlyc)Both 1 and 2d)Neither 1 nor 2Correct 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 Consider the following statements regarding the Africa Club:1. It is an alliance of African multilateral financial Institutions.2. It aims to eradicate poverty from all countries of the African Union.Which of the statements given above is/are correct?a)1 onlyb)2 onlyc)Both 1 and 2d)Neither 1 nor 2Correct 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 Consider the following statements regarding the Africa Club:1. It is an alliance of African multilateral financial Institutions.2. It aims to eradicate poverty from all countries of the African Union.Which of the statements given above is/are correct?a)1 onlyb)2 onlyc)Both 1 and 2d)Neither 1 nor 2Correct answer is option 'A'. Can you explain this answer?.
Consider the following statements regarding the Africa Club:1. It is an alliance of African multilateral financial Institutions.2. It aims to eradicate poverty from all countries of the African Union.Which of the statements given above is/are correct?a)1 onlyb)2 onlyc)Both 1 and 2d)Neither 1 nor 2Correct 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 Consider the following statements regarding the Africa Club:1. It is an alliance of African multilateral financial Institutions.2. It aims to eradicate poverty from all countries of the African Union.Which of the statements given above is/are correct?a)1 onlyb)2 onlyc)Both 1 and 2d)Neither 1 nor 2Correct 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 Consider the following statements regarding the Africa Club:1. It is an alliance of African multilateral financial Institutions.2. It aims to eradicate poverty from all countries of the African Union.Which of the statements given above is/are correct?a)1 onlyb)2 onlyc)Both 1 and 2d)Neither 1 nor 2Correct answer is option 'A'. Can you explain this answer?.
Solutions for Consider the following statements regarding the Africa Club:1. It is an alliance of African multilateral financial Institutions.2. It aims to eradicate poverty from all countries of the African Union.Which of the statements given above is/are correct?a)1 onlyb)2 onlyc)Both 1 and 2d)Neither 1 nor 2Correct answer is option 'A'. Can you explain this answer? in English & in Hindi are available as part of our courses for UPSC.
Download more important topics, notes, lectures and mock test series for UPSC Exam by signing up for free.
Here you can find the meaning of Consider the following statements regarding the Africa Club:1. It is an alliance of African multilateral financial Institutions.2. It aims to eradicate poverty from all countries of the African Union.Which of the statements given above is/are correct?a)1 onlyb)2 onlyc)Both 1 and 2d)Neither 1 nor 2Correct answer is option 'A'. Can you explain this answer? defined & explained in the simplest way possible. Besides giving the explanation of
Consider the following statements regarding the Africa Club:1. It is an alliance of African multilateral financial Institutions.2. It aims to eradicate poverty from all countries of the African Union.Which of the statements given above is/are correct?a)1 onlyb)2 onlyc)Both 1 and 2d)Neither 1 nor 2Correct answer is option 'A'. Can you explain this answer?, a detailed solution for Consider the following statements regarding the Africa Club:1. It is an alliance of African multilateral financial Institutions.2. It aims to eradicate poverty from all countries of the African Union.Which of the statements given above is/are correct?a)1 onlyb)2 onlyc)Both 1 and 2d)Neither 1 nor 2Correct answer is option 'A'. Can you explain this answer? has been provided alongside types of Consider the following statements regarding the Africa Club:1. It is an alliance of African multilateral financial Institutions.2. It aims to eradicate poverty from all countries of the African Union.Which of the statements given above is/are correct?a)1 onlyb)2 onlyc)Both 1 and 2d)Neither 1 nor 2Correct answer is option 'A'. Can you explain this answer? theory, EduRev gives you an
ample number of questions to practice Consider the following statements regarding the Africa Club:1. It is an alliance of African multilateral financial Institutions.2. It aims to eradicate poverty from all countries of the African Union.Which of the statements given above is/are correct?a)1 onlyb)2 onlyc)Both 1 and 2d)Neither 1 nor 2Correct answer is option 'A'. Can you explain this answer? tests, examples and also practice UPSC tests.
|
|
Explore Courses for UPSC exam
|
|
Suggested Free Tests
Signup for Free!
Signup to see your scores go up within 7 days! Learn & Practice with 1000+ FREE Notes, Videos & Tests.
|
© EduRev
|
Education Revolution
|
|
Signup to see your scores
go up within 7 days!
Access 1000+ FREE Docs, Videos and Tests
Takes less than 10 seconds to signup