Q. Consider the following statements regarding the Borrowers’ Platform:
1.It was launched at the IMF-World Bank Spring Meetings 2026.
2.It is a debt restructuring forum.
3.India is one of its founding members.
Which of the statements given above is/are correct?

[A] 1 and 3 only

[B] 2 and 3 only

[C] 1 and 2 only

[D] 1, 2 and 3

Answer: A
Notes:

Explanation:

  • Statement 1 is correct: It was launched at the IMF-World Bank Spring Meetings 2026.
  • Statement 2 is incorrect: The Borrowers’ Platform is not a debt restructuring forum; it focuses on coordination, peer learning, and strengthening borrower capacity, not negotiating debt deals.
  • Statement 3 is correct: India is among the founding members.

Source- UN

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