Which of the following is/are the major recommendations of Prof. Joseph Stiglitz Committee set up recently by a major international forum ?
(A)The Committee recommended that a Global Economic Council should be set up urgently to address global financial issues.
(B)All developed countries should take strong coordinated and effective actions to stimulate their economies. Industrial nations should dedicate 10% of their stimulus package for this cause.
(C) Developed countries should suspend all their investments they are making in developing and poor countries at least for a period of 5 years. The only aid which should continue should be to UN sponsored Food Assistance and Emergency programmes. This will help developed nations to consolidate their domestic positions.
1). Only A
2). Only B
3). Only A & B
4). Only B & C
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