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Directions: Read the following passage carefully and answer the questions given below it. Certain words are given in bold in the passage to help you locate them while answering some of the questions.The G-20, a group of 20 major economies of the word has come of age within a short period of two years as it adopted summit levelformatonly in the year 2008. Perhaps, it is the onlymultilateralgroup which holds two summit meeting in a year. As it has emerged as a major global forum of most advanced countries to manage crisis ridden global financial and economic system, it ispoisedto replace the G-8 club of eight rich countries. Also, it has the potential to emerge as a major, global forum for North-SouthDialogue, as both developed and developing countries are its members. The term North denotes the developed countries, which are mostly located in the Northern hemisphere, whereas the term South refers to the developing countries as they are largely located in the Southern hemisphere.The economic and political might of the G-20 is also noteworthy. Collectively, the total population of G-20 countries is two-thirds of the global population. The G-20 economies comprise 85% of the global gross national product and 80% of the word trade. Geographically, the countries of G-20 cover all continents of the globe. Thus in real sense, its nature and reach are global.Thefundamentalpurpose of G-20 is to bring together systemically important industrialized and developing economies to discuss key issues in the global economy. Thus, it is a forum for cooperation and consultation on matterspertainingto the International Financial System. It conducts studies, reviews and promotes discussion among key developed and developing economies of key policy issues pertaining to the promotion of International Financial Stability and seeks to address such issues that are beyond the responsibility of one country or organization.Q. According to the passage G-20 will replace which groupa)G-15b)G-4c)G-8d)G-7e)None of theseCorrect answer is option 'C'. Can you explain this answer? for Bank Exams 2024 is part of Bank Exams preparation. The Question and answers have been prepared according to the Bank Exams exam syllabus. Information about Directions: Read the following passage carefully and answer the questions given below it. Certain words are given in bold in the passage to help you locate them while answering some of the questions.The G-20, a group of 20 major economies of the word has come of age within a short period of two years as it adopted summit levelformatonly in the year 2008. Perhaps, it is the onlymultilateralgroup which holds two summit meeting in a year. As it has emerged as a major global forum of most advanced countries to manage crisis ridden global financial and economic system, it ispoisedto replace the G-8 club of eight rich countries. Also, it has the potential to emerge as a major, global forum for North-SouthDialogue, as both developed and developing countries are its members. The term North denotes the developed countries, which are mostly located in the Northern hemisphere, whereas the term South refers to the developing countries as they are largely located in the Southern hemisphere.The economic and political might of the G-20 is also noteworthy. Collectively, the total population of G-20 countries is two-thirds of the global population. The G-20 economies comprise 85% of the global gross national product and 80% of the word trade. Geographically, the countries of G-20 cover all continents of the globe. Thus in real sense, its nature and reach are global.Thefundamentalpurpose of G-20 is to bring together systemically important industrialized and developing economies to discuss key issues in the global economy. Thus, it is a forum for cooperation and consultation on matterspertainingto the International Financial System. It conducts studies, reviews and promotes discussion among key developed and developing economies of key policy issues pertaining to the promotion of International Financial Stability and seeks to address such issues that are beyond the responsibility of one country or organization.Q. According to the passage G-20 will replace which groupa)G-15b)G-4c)G-8d)G-7e)None of theseCorrect answer is option 'C'. Can you explain this answer? covers all topics & solutions for Bank Exams 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Directions: Read the following passage carefully and answer the questions given below it. Certain words are given in bold in the passage to help you locate them while answering some of the questions.The G-20, a group of 20 major economies of the word has come of age within a short period of two years as it adopted summit levelformatonly in the year 2008. Perhaps, it is the onlymultilateralgroup which holds two summit meeting in a year. As it has emerged as a major global forum of most advanced countries to manage crisis ridden global financial and economic system, it ispoisedto replace the G-8 club of eight rich countries. Also, it has the potential to emerge as a major, global forum for North-SouthDialogue, as both developed and developing countries are its members. The term North denotes the developed countries, which are mostly located in the Northern hemisphere, whereas the term South refers to the developing countries as they are largely located in the Southern hemisphere.The economic and political might of the G-20 is also noteworthy. Collectively, the total population of G-20 countries is two-thirds of the global population. The G-20 economies comprise 85% of the global gross national product and 80% of the word trade. Geographically, the countries of G-20 cover all continents of the globe. Thus in real sense, its nature and reach are global.Thefundamentalpurpose of G-20 is to bring together systemically important industrialized and developing economies to discuss key issues in the global economy. Thus, it is a forum for cooperation and consultation on matterspertainingto the International Financial System. It conducts studies, reviews and promotes discussion among key developed and developing economies of key policy issues pertaining to the promotion of International Financial Stability and seeks to address such issues that are beyond the responsibility of one country or organization.Q. According to the passage G-20 will replace which groupa)G-15b)G-4c)G-8d)G-7e)None of theseCorrect answer is option 'C'. Can you explain this answer?.

Solutions for Directions: Read the following passage carefully and answer the questions given below it. Certain words are given in bold in the passage to help you locate them while answering some of the questions.The G-20, a group of 20 major economies of the word has come of age within a short period of two years as it adopted summit levelformatonly in the year 2008. Perhaps, it is the onlymultilateralgroup which holds two summit meeting in a year. As it has emerged as a major global forum of most advanced countries to manage crisis ridden global financial and economic system, it ispoisedto replace the G-8 club of eight rich countries. Also, it has the potential to emerge as a major, global forum for North-SouthDialogue, as both developed and developing countries are its members. The term North denotes the developed countries, which are mostly located in the Northern hemisphere, whereas the term South refers to the developing countries as they are largely located in the Southern hemisphere.The economic and political might of the G-20 is also noteworthy. Collectively, the total population of G-20 countries is two-thirds of the global population. The G-20 economies comprise 85% of the global gross national product and 80% of the word trade. Geographically, the countries of G-20 cover all continents of the globe. Thus in real sense, its nature and reach are global.Thefundamentalpurpose of G-20 is to bring together systemically important industrialized and developing economies to discuss key issues in the global economy. Thus, it is a forum for cooperation and consultation on matterspertainingto the International Financial System. It conducts studies, reviews and promotes discussion among key developed and developing economies of key policy issues pertaining to the promotion of International Financial Stability and seeks to address such issues that are beyond the responsibility of one country or organization.Q. According to the passage G-20 will replace which groupa)G-15b)G-4c)G-8d)G-7e)None of theseCorrect answer is option 'C'. Can you explain this answer? in English & in Hindi are available as part of our courses for Bank Exams. Download more important topics, notes, lectures and mock test series for Bank Exams Exam by signing up for free.

Here you can find the meaning of Directions: Read the following passage carefully and answer the questions given below it. Certain words are given in bold in the passage to help you locate them while answering some of the questions.The G-20, a group of 20 major economies of the word has come of age within a short period of two years as it adopted summit levelformatonly in the year 2008. Perhaps, it is the onlymultilateralgroup which holds two summit meeting in a year. As it has emerged as a major global forum of most advanced countries to manage crisis ridden global financial and economic system, it ispoisedto replace the G-8 club of eight rich countries. Also, it has the potential to emerge as a major, global forum for North-SouthDialogue, as both developed and developing countries are its members. The term North denotes the developed countries, which are mostly located in the Northern hemisphere, whereas the term South refers to the developing countries as they are largely located in the Southern hemisphere.The economic and political might of the G-20 is also noteworthy. Collectively, the total population of G-20 countries is two-thirds of the global population. The G-20 economies comprise 85% of the global gross national product and 80% of the word trade. Geographically, the countries of G-20 cover all continents of the globe. Thus in real sense, its nature and reach are global.Thefundamentalpurpose of G-20 is to bring together systemically important industrialized and developing economies to discuss key issues in the global economy. Thus, it is a forum for cooperation and consultation on matterspertainingto the International Financial System. It conducts studies, reviews and promotes discussion among key developed and developing economies of key policy issues pertaining to the promotion of International Financial Stability and seeks to address such issues that are beyond the responsibility of one country or organization.Q. According to the passage G-20 will replace which groupa)G-15b)G-4c)G-8d)G-7e)None of theseCorrect answer is option 'C'. Can you explain this answer? defined & explained in the simplest way possible. Besides giving the explanation of Directions: Read the following passage carefully and answer the questions given below it. Certain words are given in bold in the passage to help you locate them while answering some of the questions.The G-20, a group of 20 major economies of the word has come of age within a short period of two years as it adopted summit levelformatonly in the year 2008. Perhaps, it is the onlymultilateralgroup which holds two summit meeting in a year. As it has emerged as a major global forum of most advanced countries to manage crisis ridden global financial and economic system, it ispoisedto replace the G-8 club of eight rich countries. Also, it has the potential to emerge as a major, global forum for North-SouthDialogue, as both developed and developing countries are its members. The term North denotes the developed countries, which are mostly located in the Northern hemisphere, whereas the term South refers to the developing countries as they are largely located in the Southern hemisphere.The economic and political might of the G-20 is also noteworthy. Collectively, the total population of G-20 countries is two-thirds of the global population. The G-20 economies comprise 85% of the global gross national product and 80% of the word trade. Geographically, the countries of G-20 cover all continents of the globe. Thus in real sense, its nature and reach are global.Thefundamentalpurpose of G-20 is to bring together systemically important industrialized and developing economies to discuss key issues in the global economy. Thus, it is a forum for cooperation and consultation on matterspertainingto the International Financial System. It conducts studies, reviews and promotes discussion among key developed and developing economies of key policy issues pertaining to the promotion of International Financial Stability and seeks to address such issues that are beyond the responsibility of one country or organization.Q. According to the passage G-20 will replace which groupa)G-15b)G-4c)G-8d)G-7e)None of theseCorrect answer is option 'C'. Can you explain this answer?, a detailed solution for Directions: Read the following passage carefully and answer the questions given below it. Certain words are given in bold in the passage to help you locate them while answering some of the questions.The G-20, a group of 20 major economies of the word has come of age within a short period of two years as it adopted summit levelformatonly in the year 2008. Perhaps, it is the onlymultilateralgroup which holds two summit meeting in a year. As it has emerged as a major global forum of most advanced countries to manage crisis ridden global financial and economic system, it ispoisedto replace the G-8 club of eight rich countries. Also, it has the potential to emerge as a major, global forum for North-SouthDialogue, as both developed and developing countries are its members. The term North denotes the developed countries, which are mostly located in the Northern hemisphere, whereas the term South refers to the developing countries as they are largely located in the Southern hemisphere.The economic and political might of the G-20 is also noteworthy. Collectively, the total population of G-20 countries is two-thirds of the global population. The G-20 economies comprise 85% of the global gross national product and 80% of the word trade. Geographically, the countries of G-20 cover all continents of the globe. Thus in real sense, its nature and reach are global.Thefundamentalpurpose of G-20 is to bring together systemically important industrialized and developing economies to discuss key issues in the global economy. Thus, it is a forum for cooperation and consultation on matterspertainingto the International Financial System. It conducts studies, reviews and promotes discussion among key developed and developing economies of key policy issues pertaining to the promotion of International Financial Stability and seeks to address such issues that are beyond the responsibility of one country or organization.Q. According to the passage G-20 will replace which groupa)G-15b)G-4c)G-8d)G-7e)None of theseCorrect answer is option 'C'. Can you explain this answer? has been provided alongside types of Directions: Read the following passage carefully and answer the questions given below it. Certain words are given in bold in the passage to help you locate them while answering some of the questions.The G-20, a group of 20 major economies of the word has come of age within a short period of two years as it adopted summit levelformatonly in the year 2008. Perhaps, it is the onlymultilateralgroup which holds two summit meeting in a year. As it has emerged as a major global forum of most advanced countries to manage crisis ridden global financial and economic system, it ispoisedto replace the G-8 club of eight rich countries. Also, it has the potential to emerge as a major, global forum for North-SouthDialogue, as both developed and developing countries are its members. The term North denotes the developed countries, which are mostly located in the Northern hemisphere, whereas the term South refers to the developing countries as they are largely located in the Southern hemisphere.The economic and political might of the G-20 is also noteworthy. Collectively, the total population of G-20 countries is two-thirds of the global population. The G-20 economies comprise 85% of the global gross national product and 80% of the word trade. Geographically, the countries of G-20 cover all continents of the globe. Thus in real sense, its nature and reach are global.Thefundamentalpurpose of G-20 is to bring together systemically important industrialized and developing economies to discuss key issues in the global economy. Thus, it is a forum for cooperation and consultation on matterspertainingto the International Financial System. It conducts studies, reviews and promotes discussion among key developed and developing economies of key policy issues pertaining to the promotion of International Financial Stability and seeks to address such issues that are beyond the responsibility of one country or organization.Q. According to the passage G-20 will replace which groupa)G-15b)G-4c)G-8d)G-7e)None of theseCorrect answer is option 'C'. Can you explain this answer? theory, EduRev gives you an ample number of questions to practice Directions: Read the following passage carefully and answer the questions given below it. Certain words are given in bold in the passage to help you locate them while answering some of the questions.The G-20, a group of 20 major economies of the word has come of age within a short period of two years as it adopted summit levelformatonly in the year 2008. Perhaps, it is the onlymultilateralgroup which holds two summit meeting in a year. As it has emerged as a major global forum of most advanced countries to manage crisis ridden global financial and economic system, it ispoisedto replace the G-8 club of eight rich countries. Also, it has the potential to emerge as a major, global forum for North-SouthDialogue, as both developed and developing countries are its members. The term North denotes the developed countries, which are mostly located in the Northern hemisphere, whereas the term South refers to the developing countries as they are largely located in the Southern hemisphere.The economic and political might of the G-20 is also noteworthy. Collectively, the total population of G-20 countries is two-thirds of the global population. The G-20 economies comprise 85% of the global gross national product and 80% of the word trade. Geographically, the countries of G-20 cover all continents of the globe. Thus in real sense, its nature and reach are global.Thefundamentalpurpose of G-20 is to bring together systemically important industrialized and developing economies to discuss key issues in the global economy. Thus, it is a forum for cooperation and consultation on matterspertainingto the International Financial System. It conducts studies, reviews and promotes discussion among key developed and developing economies of key policy issues pertaining to the promotion of International Financial Stability and seeks to address such issues that are beyond the responsibility of one country or organization.Q. According to the passage G-20 will replace which groupa)G-15b)G-4c)G-8d)G-7e)None of theseCorrect answer is option 'C'. Can you explain this answer? tests, examples and also practice Bank Exams tests.