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In which one of the following groups are all the four countries members of G20?
- a)Argentina, Mexico, South Africa, and Turkey
- b)Australia, Canada, Malaysia, and New Zealand
- c)Brazil, Iran, Saudi Arabia, and Vietnam
- d)Indonesia, Japan, Singapore, and South Korea
Correct answer is option 'A'. Can you explain this answer?
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Verified Answer
In which one of the following groups are all the four countries membe...
The correct answer is Argentina, Mexico, South Africa, and Turkey.
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- G20 is an international forum for global economic cooperation.
- It has 20 members, and these countries are as follows-
- Argentina, Australia, Brazil, Canada, China, France, Germany, India, Indonesia, Italy, Japan, Republic of Korea, Mexico, Russia, Saudi Arabia, South Africa, Turkey, United Kingdom, United States, and the European Union. Hence option 1 is correct.
- G20 members account for 85 per cent of the world economy, 75 per cent of global trade, and two-thirds of the world's population.
- G20 was formed in 1999, and its present chairman is Giuseppe Conte.
- Canadian finance minister Paul Martin was chosen as the first chairman, and German finance minister Hans Eichel hosted the inaugural meeting.
Additional Information
The list of some important international groups and member countries are as follows-
- ADB - Asian Development Bank Established on 19 December 1966 Nd ADB now has 68 members.
- G7 - Canada, France, Germany, Italy, Japan, UK and USA.
- SCO- founded in 2001, f China, Kazakhstan, Kyrgyzstan, Russia, Tajikistan, Pakistan, India and Uzbekistan.
- BBIN Initiative- Bangladesh, Bhutan, India and Nepal, it was founded in 2016.
- BIMSTEC- Bangladesh, Bhutan, India, Myanmar, Nepal, Sri Lanka, and Thailand.
Key-Points
2020 G20 summit-
- The G20 Summit is formally known as the “Summit on Financial Markets and the World Economy.”
- The Kingdom of Saudi Arabia is hosting the G-20 Leaders’ Summit in 2020.
- for 2020, Spain, Jordan, Singapore, and Switzerland are the invited countries.
Most Upvoted Answer
In which one of the following groups are all the four countries membe...
Group A:
Argentina, Mexico, South Africa, and TurkeyGroup B:
Australia, Canada, Malaysia, and New ZealandGroup C:
Brazil, Iran, Saudi Arabia, and VietnamGroup D:
Indonesia, Japan, Singapore, and South KoreaExplanation:
The G20 (Group of Twenty) is an international forum for the governments and central bank governors from 19 countries and the European Union. It was established in 1999 to promote international economic cooperation and stability. The G20 members represent around 80% of the world's economic output and two-thirds of the global population. They meet annually to discuss key issues related to global economic governance.
To determine which group of countries are members of the G20, we need to check if all four countries in each group are members of the G20. Let's analyze each group:
Group A:
Argentina, Mexico, South Africa, and Turkey- Argentina, Mexico, and Turkey are indeed members of the G20.
- South Africa is also a member of the G20.
Therefore,
Group A
satisfies the condition since all four countries (Argentina, Mexico, South Africa, and Turkey) are members of the G20.Group B:
Australia, Canada, Malaysia, and New Zealand- Australia and Canada are members of the G20.
- Malaysia and New Zealand are not members of the G20.
Therefore,
Group B
does not satisfy the condition since not all four countries are members of the G20.Group C:
Brazil, Iran, Saudi Arabia, and Vietnam- Brazil and Saudi Arabia are members of the G20.
- Iran and Vietnam are not members of the G20.
Therefore,
Group C
does not satisfy the condition since not all four countries are members of the G20.Group D:
Indonesia, Japan, Singapore, and South Korea- Japan and South Korea are members of the G20.
- Indonesia and Singapore are not members of the G20.
Therefore,
Group D
does not satisfy the condition since not all four countries are members of the G20.Conclusion:
Among the given groups, only
Group A
consists of four countries (Argentina, Mexico, South Africa, and Turkey) that are all members of the G20.Attention UPSC Students!
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In which one of the following groups are all the four countries members of G20?a)Argentina, Mexico, South Africa, and Turkeyb)Australia, Canada, Malaysia, and New Zealandc)Brazil, Iran, Saudi Arabia, and Vietnamd)Indonesia, Japan, Singapore, and South KoreaCorrect answer is option 'A'. Can you explain this answer?
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In which one of the following groups are all the four countries members of G20?a)Argentina, Mexico, South Africa, and Turkeyb)Australia, Canada, Malaysia, and New Zealandc)Brazil, Iran, Saudi Arabia, and Vietnamd)Indonesia, Japan, Singapore, and South KoreaCorrect answer is option 'A'. Can you explain this answer? for UPSC 2024 is part of UPSC preparation. The Question and answers have been prepared according to the UPSC exam syllabus. Information about In which one of the following groups are all the four countries members of G20?a)Argentina, Mexico, South Africa, and Turkeyb)Australia, Canada, Malaysia, and New Zealandc)Brazil, Iran, Saudi Arabia, and Vietnamd)Indonesia, Japan, Singapore, and South KoreaCorrect answer is option 'A'. Can you explain this answer? covers all topics & solutions for UPSC 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for In which one of the following groups are all the four countries members of G20?a)Argentina, Mexico, South Africa, and Turkeyb)Australia, Canada, Malaysia, and New Zealandc)Brazil, Iran, Saudi Arabia, and Vietnamd)Indonesia, Japan, Singapore, and South KoreaCorrect answer is option 'A'. Can you explain this answer?.
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