Group of 20 Countries

The G20 Summit is an annual gathering of Global Leaders and member countries of G20 which
includes 19 individual nations and European Union countries. The primary purpose of the G20
Summits is to address global financial and economic challenges. Established in 1999 to provide
a platform for global leaders to discuss pressing issues such as financial stability, sustainable
development, climate change, trade policies and so on.

Important Questions Related to G20 Summit

Q.1 What is the G20 Summit 2023?

Ans. The G20 Summit is an intergovernmental organization comprised of 19 nations and the
European Union, focused on addressing global economic concerns. ( G.S Classes)

Q.2 Which countries are members of the G20 Summit in 2023?

Ans. Argentina, Australia, Brazil, Canada, China, France, Germany, India, Indonesia, Italy, Japan,
Republic of Korea, Mexico, Russia, Saudi Arabia, South Africa, Turkey, the United Kingdom, and
the United States, along with the European Union.

Q.3 Where will the G20 Summit 2023 be held?

Ans. The G20 Summit 2023 will be held at ‘Bharat Mandappam’ within the ITPO Convention
Centre in New Delhi’s Pragati Maidan.

Q.4 How often is the G20 Summit held?

Ans. The G20 Summit is held annually.

Q.5 What is the theme of the G20 Summit 2023?

Ans. The theme of the G20 Summit 2023 is “Vasudhaiva Kutumbakam,” which means “One
Earth, One Family, One Future.”

Q.6 What is the significance of the G20 Summit?

Ans. The G20 Summit brings together the world’s largest economies to address critical global
economic and environmental issues, representing a significant portion of the global GDP and
population.

Q.7 How is the G20 Summit organized?

Ans. The G20 Summit operates through two tracks: the Finance Track, led by Finance Ministers
and Central Bank Governors, and the Sherpa Track, led by Sherpas who represent the heads of
state.

Q.8 Which country held the G20 Presidency in 2022? ( G.S Classes)
Ans. Indonesia held the G20 Presidency in 2022.

Q.9 When did India assume the G20 Presidency for 2023?
Ans. India assumed the G20 Presidency on 1 December 2022.

Q.10 How does the G20 Summit promote cooperation among nations?
Ans. The G20 Summit promotes cooperation by providing a platform for leaders to discuss and
address global economic and environmental challenges.

Q.11 What percentage of the global GDP do G20 countries represent?

Ans. G20 countries collectively represent around 85% of the global GDP.

Q.12 What are some criticisms of the G20 Summit?

Ans. Critics argue that the G20 has a small membership, lacks enforcement authority, and may
undermine established international organizations.

Q.13 Which countrie will hold the G20 Presidency in 2024?

Ans. Brazil will held the G20 Presidency in 2024

Q.14 What are some key events leading up to the G20 Summit 2023?
Ans.Pre-summit events include the Sherpa Meeting, Finance Deputies Meeting, Ministerial
Meetings, Sustainable Finance Working Group Meeting, and Framework Working Group Meeting.

Q.15 What is the G20’s approach to reducing greenhouse gas emissions?

Ans. The G20 discusses strategies and commitments to reduce greenhouse gas emissions and
combat climate change.

Q.16 How does the G20 Summit align with the United Nations’ Sustainable Development Goals
(SDGs)?
Ans. The G20 Summit aligns with the SDGs by addressing economic and environmental issues
that contribute to sustainable development.

Q.17 How does the G20 Summit contribute to global efforts to combat poverty?
Ans. The G20 Summit discusses policies and strategies to reduce poverty and promote
inclusive economic growth on a global scale.

Q. 19 Which country is the current Chair of the G20? ( G.S Classes)

Ans. The current Chair of the G20 Summit 2023 is India. Prime Minister Narendra Modi will host
the G20 Summit 2023 for all the global leaders joining in.

Q.20What are agendas of G20?

Ans. It is forum for economic cooperation focusing majorly on broad macroeconomic

issues, but in due course of time and recognizing the need it has expanded its agenda
and includes trade, climate change, sustainable development, health, agriculture,
energy, environment, and anti-corruption.