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Which of the following statements are correct about the G-20? Choose the most appropriate answer from…

Political Science · International Relations UGC NET 2023 Political Science
Which of the following statements are correct about the G-20? Choose the most appropriate answer from the codes given below.
  • 1. It has only 20 sovereign nations as its members.
  • 2. The group includes almost all of the 20 leading economies of the world.
  • 3. The G-20 operates as an informal forum to promote dialogue between finance ministers, central banks and heads of governments.
  • 4. It represents the emergence of a new institutional world order.
A1, 2 and 4 only
B2, 3 and 4 only ✓ Correct
C1, 3 and 4 only
D1, 2 and 3 only
Correct answer: (B) 2, 3 and 4 only — The correct statements are 2, 3 and 4.
Explanation
The correct statements are 2, 3 and 4.
The group brings together almost all of the world's leading economies, so 2 is true.
It works as an informal forum linking finance ministers, central banks and leaders, so 3 is true.
It is widely seen as marking a new institutional world order, so 4 is true.
Statement 1 is false, because the membership is not only sovereign nations.
The European Union is itself a member of the G-20.
So the right set is the second, third and fourth statements.

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