CURRENT AFFAIRS

Detailed explanation-1: -The Presidency is supported by the Troika - previous, current and incoming Presidency. During India’s Presidency, the troika will comprise Indonesia, India and Brazil, respectively.

Detailed explanation-2: -India is currently part of the G20 Troika comprising Indonesia, India and Brazil, marking the first time that the troika is consisting of three developing and emerging economies. Hon’ble Prime Minister Shri Narendra Modi reiterated that G20 India Presidency will be inclusive, action-oriented and decisive.

Detailed explanation-3: -December 1, 2022 is a red-letter day as India assumed the G20 Presidency from Indonesia and will convene the G20 Leaders’ Summit for the first time in the country in 2023.

Detailed explanation-4: -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.