In which one of the following groups are all the four countries members of G20?
Detailed Explanation:
Answer: Option 1 — Argentina, Mexico, South Africa and Turkey
The G20 is an intergovernmental forum comprising 19 countries and the European Union. Among the given options, only Option 1 lists four countries that are all members of G20: Argentina, Mexico, South Africa, and Turkey. Option 2 includes Malaysia and New Zealand (not G20 members), Option 3 includes Iran and Vietnam (not G20 members), and Option 4 includes Singapore (not a G20 member).
📝 Short Notes: G20 Membership
- Full Name: Group of Twenty (G20)
- Established: 1999 (Finance Ministers and Central Bank Governors forum); elevated to Leaders' Summit level in 2008
- Total Members: 19 countries + European Union = 20 members
- Member Countries: Argentina, Australia, Brazil, Canada, China, France, Germany, India, Indonesia, Italy, Japan, Mexico, Russia, Saudi Arabia, South Africa, South Korea (Republic of Korea), Turkey, United Kingdom, United States
- Regional Member: European Union (represented by the European Commission and European Central Bank)
- Purpose: Forum for international cooperation on financial and economic issues; represents about 85% of global GDP, 75% of global trade, and two-thirds of world population
- Presidency: Rotates annually among member countries; India held the G20 Presidency in 2023
Question 3 of 3 G20
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With reference to the "G20 Common Framework", consider the following statements: I...
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