Q. Consider the following statements:
1.Africa has 30% of global mineral reserves, 12% of oil, and 8% of natural gas.
2.The Business-20 (B20) Action Council was formed by African nations to promote economic collaboration among countries in the Global South.
Select the correct answer from the codes given below:
Answer: A
Notes:
Explanation –
Statement 1 is correct. Africa has 30% of global mineral reserves, 12% of oil, and 8% of natural gas.
Statement 2 is incorrect. The Business-20 (B20) Action Council was formed by India. The council aligns with India’s vision for heightened participation of Africa in the Global South. Through the B20 Action Council, India aids in crafting recommendations for regional economic integration in Africa.
Source: ForumIAS