G20

 

The G20, or Group of Twenty, is like a big meeting where 19 countries and the European Union get together to talk about important global matters. They meet in person to discuss big issues like money, trade, and keeping the world safe.

Who’s in the G20?

Here’s a  list of the countries which are members of G20 :-

  1. Argentina
  2. Australia
  3. Brazil
  4. Canada
  5. China
  6. France
  7. Germany
  8. India
  9. Indonesia
  10. Italy
  11. Japan
  12. Mexico
  13. Russia
  14. Saudi Arabia
  15. South Africa
  16. South Korea
  17. Turkey
  18. United Kingdom
  19. United States
  20. European Union ( It’s not a country, but it gets a seat at the table!)
  21. African Union (also made member during 2023 summit of G20 nations in New Delhi)

 

What Are the Aims?

The G20 has some clear goals in mind when its members get together:

  1. Global Cooperation: The main idea is for countries to work together.
  2. Economic Stability: They want the world’s money situation to be stable and growing. That means jobs for people and a better standard of living.
  3. Sustainable Development: This is all about making sure we can keep living well without degrading the planet for future generations.

 

Objectives: What Do They Want to Achieve?

When they meet, the G20 countries focus on a few big things:

  1. Financial Systems: They talk about how to make banks and money markets safer and more trustworthy.
  2. Trade and Investment: They work on ways to make it easier and fairer to buy and sell things between countries.
  3. Innovation: This is all about looking into the future—like how technology can make our lives better.
  4. Environment: From fighting climate change to protecting our oceans, they plan how to take care of Mother Earth.
  5. Health and Well-being: Whether it’s dealing with a global pandemic or improving basic healthcare, they aim for a healthier world.
  6. Social Issues: They also discuss matters like education, employment, and equality to make sure everyone gets a fair shot at a good life.

 

The Significance: Why Does It Matter?

 

  • G20 was formed in 1999 in the backdrop of the financial crisis of the late 1990s that hit East Asia and Southeast Asia in particular.
  • It aims to secure global financial stability by involving middle-income countries and developed economies .
  • Together, the G20 countries include 60 % of the world’s population, 80 % of global GDP, and 75 % of global trade.
  • The G20 has no permanent secretariat. The agenda and work are coordinated by representatives of the G20 countries, known as ‘Sherpas’, who work together with the finance ministers and governors of the central banks.
  1. Big Influence: These countries have a lot of sway. If they make a decision, other countries usually listen.
  2. Real Change: The policies and plans they agree upon often turn into real actions that impact millions of lives.
  3. Global Reach: Their decisions affect not just their own countries, but often the whole world.
  4. Setting Trends: They can set the tone for how smaller countries tackle the same problems.
  5. Crisis Management: When things go wrong globally, like during a pandemic, the G20 plays a key role in figuring out how to handle it.

In a Nutshell

The G20 aims to make the world a better, safer, and more fair place by tackling big issues that no single country can handle alone.

So, the next time you hear about a G20 summit, you’ll know that some very important discussions are happening that could affect your life and the world around you.

 

MCQs on G20 Countries :- 

 

Question 1: What does “G20” stand for?

A) Grand 20
B) Group of Twenty
C) Global 20
D) Generation 20

Answer: B) Group of Twenty
The G20 stands for “Group of Twenty.” It’s made up of 19 countries plus the European Union. They talk about important stuff like money, trade, and more.

 


Question 2: When did the top leaders of countries start attending G20 meetings?

A) 1999
B) 2008
C) 2010
D) 1995

Answer: B) 2008
Before 2008, the G20 was mostly for Finance Ministers and Central Bank Governors. But the world hit a big financial problem in 2008, so the big bosses like Presidents and Prime Ministers started showing up.

 


Question 3: Where was the first G20 meeting with top leaders held?

A) Paris
B) Washington, D.C.
C) Tokyo
D) Berlin

Answer: B) Washington, D.C.
The first big meeting with top leaders was in Washington, D.C., in 2008. This was right after the global financial crisis started, and they needed to find solutions quickly.

 


Question 4: What topics does the G20 discuss?

A) Only Economics
B) Economics, Health, and Environment
C) Only Health
D) Only Trade

Answer: B) Economics, Health, and Environment
While money and economics are super important topics at the G20, they also discuss health issues like the COVID-19 pandemic and the environment, including climate change.

 


Question 5: Do G20 countries always agree on everything?

A) Yes, always
B) No, never
C) Sometimes
D) They never meet

Answer: C) Sometimes
Just like in any big family, there are disagreements. But the idea is to chat and try to find common ground, even if they don’t always agree.

 

Question 6: How often do the G20 leaders meet?

A) Every month
B) Twice a year
C) Once a year
D) Every four years

Answer: C) Once a year
G20 leaders usually meet once a year to discuss global issues. These meetings are big events that get lots of attention because they make decisions that can affect all of us.


Question 7: Which of these countries is NOT part of the G20?

A) Brazil
B) Australia
C) Switzerland
D) India

Answer: C) Switzerland
Switzerland is not part of the G20. The countries in the G20 are generally the big economies of the world, and while Switzerland is wealthy, it’s not part of this particular group.


Question 8: What is the role of the European Union in the G20?

A) It’s not involved
B) It’s a full member
C) It’s an observer
D) It hosts all the meetings

Answer: B) It’s a full member
The European Union is considered a full member of the G20. So when we say G20, it’s actually 19 countries plus the European Union making decisions together.


Question 9: What was a major reason for top leaders to start attending G20 meetings in 2008?

A) Olympic Games
B) World Cup
C) Financial Crisis
D) Climate Change

Answer: C) Financial Crisis
In 2008, the world was going through a big financial crisis. Banks were failing, and people were losing jobs. That’s why top leaders like Presidents and Prime Ministers started attending—to solve big problems.


Question 10: Where do G20 meetings take place?

A) Always in the United States
B) Only in Europe
C) In different countries each time
D) Only online

Answer: C) In different countries each time
G20 meetings are like a world tour for serious stuff. One year it might be in Germany, the next in Saudi Arabia, and so on. Different countries take turns hosting.

 

Question 11: Who takes part in G20 meetings?

A) Only Presidents and Prime Ministers
B) Finance Ministers and Central Bank Governors
C) Business leaders
D) A and B

Answer: D) A and B
Both the big bosses like Presidents and Prime Ministers as well as Finance Ministers and Central Bank Governors attend G20 meetings. They come together to discuss and decide on global issues.


Question 12: What is one new topic that G20 leaders have started discussing because of recent events?

A) Sports
B) Health
C) Fashion
D) Movies

Answer: B) Health
Because of things like the COVID-19 pandemic, health has become an important topic at G20 meetings. Leaders want to make sure people are safe and countries can handle health crises.


Question 13: How many European countries are in the G20?

A) 1
B) 4
C) 6
D) 8

Answer: C) 6
Apart from the European Union, there are six European countries in the G20: Germany, France, the United Kingdom, Italy, Russia, and Turkey (which is partly in Europe).


Question 14: What is one goal that all G20 countries have in common?

A) Increase tourism
B) Make more movies
C) Strengthen their economies
D) Win the World Cup

Answer: C) Strengthen their economies
All G20 countries want to make their economies stronger. When they meet, they talk about ways to improve trade, create jobs, and make life better for people.


Question 15: Is the G20 a part of the United Nations?

A) Yes
B) No
C) Sometimes
D) Only on weekends

Answer: B) No
The G20 is not a part of the United Nations. It’s a separate group that focuses mainly on economic and financial issues, although they do discuss other topics as well.

 

Question 16: How do G20 countries decide where the next meeting will be held?

A) Random drawing
B) Alphabetical order
C) Rotating through regions
D) Highest bidder

Answer: C) Rotating through regions
G20 meetings rotate through different regions of the world. Each year, a different country hosts the meeting, so it’s like a global hopscotch but for really serious stuff.


Question 17: Which of these countries was one of the original members when the G20 was created for Finance Ministers and Central Bank Governors in 1999?

A) Norway
B) Canada
C) New Zealand
D) Singapore

Answer: B) Canada
Canada was one of the original members when the G20 was first formed for Finance Ministers and Central Bank Governors back in 1999.


Question 18: What do we call the document that summarizes what was discussed and decided at a G20 meeting?

A) G20 Diary
B) G20 Summary
C) G20 Communiqué
D) G20 Newsletter

Answer: C) G20 Communiqué
After each G20 meeting, a document called a “Communiqué” is released. This tells everyone what was discussed, what was decided, and what the next steps are.


Question 19: Is China a member of the G20?

A) Yes
B) No
C) Only as an observer
D) Sometimes

Answer: A) Yes
China is a full member of the G20. Given its big economy and global influence, it plays an important role in the discussions and decisions made at these meetings.


Question 20: Can non-G20 countries ever participate in G20 meetings?

A) Never
B) Always
C) Sometimes, as special invitees
D) Only if they pay a fee

Answer: C) Sometimes, as special invitees
Non-G20 countries can sometimes be invited to participate in G20 meetings. They are usually countries that are significant to the discussion topic or regionally important.

 

Question 21: What was one of the main reasons the G20 was created?

A) To host international sports events
B) To deal with financial crises and global economic issues
C) To make movies
D) To decide the next host of the World Cup

Answer: B) To deal with financial crises and global economic issues
The G20 was mainly created to discuss financial problems and find ways to make the global economy stronger. They deal with stuff like money, trade, and jobs.


Question 22: Who can host a G20 summit?

A) Only G7 countries
B) Any member country of the G20
C) Only countries in Europe
D) Only countries with the largest economies

Answer: B) Any member country of the G20
Any member country can host a G20 summit. They take turns, and it’s like passing the baton in a relay race but for serious world matters.


Question 23: Which of these is NOT a usual topic at G20 meetings?

A) Trade
B) Military operations
C) Climate change
D) Employment

Answer: B) Military operations
While G20 discussions cover a range of topics like trade, climate change, and employment, military operations are usually not on the agenda.


Question 24: What is the ‘B20’ in relation to the G20?

A) Another name for G20
B) Business 20, a forum for business leaders
C) 20 most wanted criminals
D) A musical band

Answer: B) Business 20, a forum for business leaders
The B20, or Business 20, is like a sidekick to the G20. It’s a forum where business leaders from the G20 countries come together to talk about economic issues.


Question 25: Can the G20 impose laws on member countries?

A) Yes, always
B) No, never
C) Only with a unanimous vote
D) Only on holidays

Answer: B) No, never
The G20 can’t impose laws on its member countries. It’s more like a club for discussing ideas and trying to find solutions to big problems. Each country decides if it wants to follow what’s been discussed.

 

Question 26: Which continent has the most countries in the G20?

A) Asia
B) Europe
C) Africa
D) North America

Answer: B) Europe
Europe has the most countries in the G20 if you consider the European Union as a separate entity. Six European countries are part of the G20, not including the European Union itself.


Question 27: What is another name for the G20 summit when leaders meet?

A) G20 Conference
B) G20 Powwow
C) G20 Gathering
D) G20 Leaders’ Summit

Answer: D) G20 Leaders’ Summit
When the big bosses of the G20 countries meet, it’s officially called the G20 Leaders’ Summit. This is when you’ll see Presidents, Prime Ministers, and other top leaders getting together.


Question 28: Is the G20 linked to the IMF (International Monetary Fund)?

A) Yes, closely
B) No, not at all
C) Only during crises
D) They compete against each other

Answer: A) Yes, closely
The G20 and the IMF work closely, especially on economic issues. The IMF often provides data and recommendations that G20 countries discuss.


Question 29: What do people mean by the ‘G20 Presidency’?

A) The president of the G20 organization
B) The country hosting the G20 for that year
C) The oldest leader among the G20
D) The G20’s permanent office in Brussels

Answer: B) The country hosting the G20 for that year
The ‘G20 Presidency’ refers to the country that’s hosting the G20 meetings for a given year. This country gets to set the agenda and lead discussions.


Question 30: Are all the BRICS countries part of the G20?

A) Yes
B) No
C) Only Brazil and Russia
D) Only India and China

Answer: A) Yes
BRICS stands for Brazil, Russia, India, China, and South Africa. All these countries are part of the G20, representing some of the emerging economies in the group.

 

Question 31: What is the purpose of the ‘W20’ in relation to the G20?

A) It’s a subgroup for warfare discussions
B) It’s a forum focused on women’s issues
C) It’s for the 20 smallest economies
D) It stands for ‘World 20’

Answer: B) It’s a forum focused on women’s issues
W20 stands for Women 20. It’s a forum that looks at women’s empowerment and issues like gender equality. Just like B20 focuses on business, W20 focuses on women’s issues.


Question 32: Which country first proposed the idea of the G20?

A) United States
B) Germany
C) Canada
D) Japan

Answer: C) Canada
Canada and Germany actually were key in proposing the idea of the G20. The group was initially formed as a response to financial crises, and these countries took the lead in suggesting this forum.


Question 33: What happens if a country doesn’t agree with a decision made during a G20 meeting?

A) It has to follow the decision anyway
B) It can choose not to adopt the decision
C) It is removed from the G20
D) It must pay a fine

Answer: B) It can choose not to adopt the decision
The G20 operates on consensus, which means everyone has to agree. If a country doesn’t agree with a decision, it’s free to go its own way. The G20 doesn’t have the power to enforce its decisions.


Question 34: What is the average age of the G20 leaders?

A) Under 40
B) 40-55
C) 55-70
D) Over 70

Answer: C) 55-70
While it varies, the average age of G20 leaders tends to be between 55 and 70. These are people who have been in politics or government for a while.


Question 35: Which G20 country has the largest population?

A) United States
B) China
C) India
D) Russia

Answer: C) India
India has the largest population among the G20 countries, followed closely by China.

 

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