A
1 only
B
2 only
C
Both 1 and 2
D
Neither 1 nor 2
Correct answer: (c) Both 1 and 2
Explanation
- A
1 only
1 only. Both limbs of the Common Framework hold.
- B
2 only
2 only. It is a G20 + Paris Club debt treatment for LICs.
- C
Both 1 and 2
Both. Endorsed by G20 with the Paris Club; for low-income countries with unsustainable debt.
- D
Neither 1 nor 2
Neither. Both statements match the 2020 Common Framework.
Summary. Official key is (c) both. The G20 Common Framework for Debt Treatments (2020) is a G20 initiative with the Paris Club to restructure unsustainable LIC debt on comparable terms, including new official creditors.