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Regarding G-20 summit, consider the following statements:
It was established in 1991 after the Gulf War.
  • It aims to promote a new world order led by western countries.
  • G-20 countries count for 80% of the world’s population.
  • Iran, Bangladesh, and Nepal are part of G-20 countries.
    Which of the statements given above is/are correct?
    • a)
      1 and 2 only
    • b)
      2 and 4 only
    • c)
      1, 2 and 3 only
    • d)
      None of the above
    Correct answer is option 'D'. Can you explain this answer?
    Most Upvoted Answer
    Regarding G-20 summit, consider the following statements: It was es...
    • The G20 was formed in 1999 against the financial crisis of the late 1990s that hit East Asia and Southeast Asia. Hence, statement 1 is not correct.
    • It aims to secure global financial stability by involving middle-income countries. Hence, statement 2 is not correct.
    • Together, the G20 countries include 60% of the world’s population, 80% of global GDP, and 75% of global trade. Hence, statement 3 is not correct.
    • G-20 members are Argentina, Australia, Brazil, Canada, China, France, Germany, India, Indonesia, Italy, Japan, Republic of Korea, Mexico, Russia, Saudi Arabia, South Africa, Turkey, the United Kingdom, the United States and the EU. Hence, statement 4 is not correct.
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    Regarding G-20 summit, consider the following statements: It was established in 1991 after the Gulf War. It aims to promote a new world order led by western countries. G-20 countries count for 80% of the world’s population. Iran, Bangladesh, and Nepal are part of G-20 countries. Which of the statements given above is/are correct?a)1 and 2 onlyb)2 and 4 onlyc)1, 2 and 3 onlyd)None of the aboveCorrect answer is option 'D'. Can you explain this answer?
    Question Description
    Regarding G-20 summit, consider the following statements: It was established in 1991 after the Gulf War. It aims to promote a new world order led by western countries. G-20 countries count for 80% of the world’s population. Iran, Bangladesh, and Nepal are part of G-20 countries. Which of the statements given above is/are correct?a)1 and 2 onlyb)2 and 4 onlyc)1, 2 and 3 onlyd)None of the aboveCorrect answer is option 'D'. 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 Regarding G-20 summit, consider the following statements: It was established in 1991 after the Gulf War. It aims to promote a new world order led by western countries. G-20 countries count for 80% of the world’s population. Iran, Bangladesh, and Nepal are part of G-20 countries. Which of the statements given above is/are correct?a)1 and 2 onlyb)2 and 4 onlyc)1, 2 and 3 onlyd)None of the aboveCorrect answer is option 'D'. Can you explain this answer? covers all topics & solutions for UPSC 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Regarding G-20 summit, consider the following statements: It was established in 1991 after the Gulf War. It aims to promote a new world order led by western countries. G-20 countries count for 80% of the world’s population. Iran, Bangladesh, and Nepal are part of G-20 countries. Which of the statements given above is/are correct?a)1 and 2 onlyb)2 and 4 onlyc)1, 2 and 3 onlyd)None of the aboveCorrect answer is option 'D'. Can you explain this answer?.
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