G 20(Group of 20) Flashcards
1
Q
When was it esatblished
A
1999
2
Q
What was the aim?
A
For promotion of international financial stability.
3
Q
How many countries
A
19+EU=20
4
Q
Who will be part of this forum? And form when the meet started
A
Meets started from 2008 and heads of government or heads of state, as well as finance ministers and foreign ministers attend this confernce.
5
Q
Is India,USA,china it’s member
A
Yes
6
Q
Why in news
A
India will host G20 meet in 2022 on its 75th Independence day.
7
Q
What are some facts on G20
A
1 It has half of world area
2 It has more than half of world population
3 It forms 90% of Gross World Product
4 It form 80% of world Trade
