CURRENT AFFAIRS

Detailed explanation-1: -The Group of Twenty (G20) comprises 19 countries (Argentina, Australia, Brazil, Canada, China, France, Germany, India, Indonesia, Italy, Japan, Republic of Korea, Mexico, Russia, Saudi Arabia, South Africa, Türkiye, United Kingdom and United States) and the European Union.

Detailed explanation-2: -The G20 comprises Argentina, Australia, Brazil, Canada, China, EU, France, Germany, India, Indonesia, Italy, Japan, Mexico, Russia, Saudi Arabia, South Africa, South Korea, Turkey, UK and USA. The G20 Countries together represent around 90% of global GDP, 80% of global trade, and two thirds of the world’s population.

Detailed explanation-3: -Argentina, Australia, Brazil, Canada, China, France,Germany, India, Indonesia, Italy, Japan, Republic of Korea, Mexico, Russia, Saudi Arabia, South Africa, Turkey, the United Kingdom, the United States, European Union are the respective members of G20. Chile is not the member of G20.

Detailed explanation-4: -The Group of Twenty (G20) is the premier forum for international economic cooperation.

Detailed explanation-5: -Created in 1999, the G-20 comprises the G-8 countries (Canada, France, Germany, Italy, Japan, Russia, the United Kingdom and the United States) plus the European Union, Argentina, Australia, Brazil, China, India, Indonesia, Mexico, Saudi Arabia, South Africa, South Korea and Turkey.