Where was the two-day meeting of the first International Financial Architecture Working Group of G-20, held under the chairmanship of India and inaugurated by Union Minister of Agriculture and Farmers Welfare, Narendra Singh Tomar, and Minister of Food Processing Industries, Pashupati Kumar Paras, on 30 January 2023?
Show answer & explanation
Correct answer: D
Explanation
The correct answer is option 4 i.e. Chandigarh.
The inaugural meeting of the G20 International Financial Architecture Working Group (IFA WG), held under India's presidency, took place in Chandigarh from 30-31 January 2023.
This significant two-day gathering was jointly inaugurated by Union Minister of Agriculture and Farmers Welfare, Shri Narendra Singh Tomar, and Minister of Food Processing Industries, Shri Pashupati Kumar Paras, marking India's proactive role in shaping global economic governance.
The discussions centered on critical issues like reforming multilateral development banks, enhancing debt sustainability frameworks for vulnerable nations, and improving global financial safety nets – all aligned with India's G20 theme of Vasudhaiva Kutumbakam ('One Earth, One Family, One Future').