CURRENT AFFAIRS

2023

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Which grouping has launched a $1.4 billion fund to tackle the next global pandemic?
A
G20
B
COP27
C
BRICS
D
QUAD
Explanation: 

Detailed explanation-1: -G20 health and finance ministers launched a $1.4-billion fund Sunday to tackle the next global pandemic ahead of the bloc’s leaders gathering for a summit on the Indonesian resort island of Bali but the host’s president said it was not enough.

Detailed explanation-2: -The Group of Twenty (G20) is the premier forum for international economic cooperation. It plays an important role in shaping and strengthening global architecture and governance on all major international economic issues. India holds the Presidency of the G20 from 1 December 2022 to 30 November 2023.

Detailed explanation-3: -The G20 Summit is held annually with a rotating presidency, and in 2023, India will hold the presidency. The group does not have a permanent secretariat and is supported by the previous, current, and future holders of the presidency, known as the troika. In 2023, the troika consists of Indonesia, Brazil, and India.

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