Consider the following regarding G20 1 All Permanent five P5 nations are members of G...........

International Affairs Other Regional Groupings

Consider the following regarding G20-

1) All Permanent five (P5) nations are members of G20

2) All G-7 nations are members of G-20

3) All BRICS nations are members of G-20

Which of the given above statement (s) is/ are correct?

1 Only

2 and 3

3 Only

1, 2 and 3

All of the above are correct.

The G20 (Group of 20) is an international forum which includes 19 of the world’s largest economies and the European Union.
G20 is a forum for economic, financial and political cooperation. It addresses the major global challenges and seeks to generate public policies that resolve them.

Significance of G20

Together, the G20 members represent –