UPSC CAPF (AC) 2025 Paper I · Question 22

Question 22 of the UPSC CAPF (AC) 2025 Paper I (3 August 2025). Try it first, then open the answer and explanation.

CAPF 2025 · P-I · Q22 · Indian Economy · Money, Banking & Inflation
Which one among the following statements is not correct?
1. The Financial Stability and Development Council (FSDC) was set up in 2010.
2. The National Logistics Policy (NLP) was launched in 2022.
3. The Rural Infrastructure Development Fund (RIDF) was instituted in NABARD during 1995-96.
4. The G20 was formed in 2001 as a forum of Finance Ministers and Central Bank Governors.
निम्नलिखित में से कौन-सा कथन सही नहीं है?
1. वित्तीय स्थिरता और विकास परिषद् (FSDC) की स्थापना 2010 में की गई।
2. राष्ट्रीय लॉजिस्टिक्स नीति (NLP) 2022 में प्रारंभ की गई।
3. ग्रामीण अवसंरचना विकास निधि (RIDF) की स्थापना 1995-96 के दौरान नाबार्ड (NABARD) में की गई।
4. G20 का गठन 2001 में वित्त मंत्रियों और केन्द्रीय बैंक गवर्नरों के मंच के रूप में किया गया।
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Answer: (4) The G20 was formed in 2001 as a forum of Finance Ministers and Central Bank Governors.
उत्तर: (4) G20 का गठन 2001 में वित्त मंत्रियों और केन्द्रीय बैंक गवर्नरों के मंच के रूप में किया गया।
The G20 was formed in 1999, after the Asian financial crisis, as a forum of finance ministers and central bank governors (it became a leaders' summit in 2008), so (4) is wrong. The FSDC was set up in December 2010, the National Logistics Policy was launched in September 2022, and RIDF was created in NABARD in 1995-96.

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