G20 Quiz Questions and Answers:India holds the Presidency of the G20 from 1 December 2022 to 30 November 2023. G-20 was founded in 1999 with the aim to discuss policy pertaining to the promotion of international financial stability. India is the founding member of the G-20. To prepare yourself for the upcoming exams solve this set of 10 questions on the G20 and its summits.
For India, the G20 Presidency also marks the beginning of “Amritkaal”, which is the 25-year period beginning from the 75th anniversary of its independence on 15 August 2022. The 18th G20 Heads of State and Government Summit will take place on 9th-10th September 2023 in New Delhi. The Summit will be a culmination of all the G20 processes and meetings held throughout the year among ministers, senior officials, and civil societies.
What Are The Key Achievements Of G20 Summit Under India’s Presidency? All You Need To Know
A G20 Leaders’ Declaration will be adopted at the conclusion of the New Delhi Summit, stating Leaders’ commitment towards the priorities discussed and agreed upon during the respective ministerial and working group meetings.
1. When was G20 established?
(a) 1995
(b) 1999
(c) 1985
(d) 2000
Ans. b
Explanation: G20 was established in 1999 to bring together finance ministers and central bank Governors of developed and developing countries.
2. Which of the following statements is not correct regarding the G 20?
(a) Now the G20 summits are attended by the Finance Ministers and Central Bank Governors of the member countries only.
(b) India never hosted any G20 summit
(c) Its main aim is to eliminate poverty from the world
(d) Its meetings are held annually.
Ans. c
Explanation: The main aim of this group is to promote financial stability and sustainable development in the world.
3. Which of the following cities is organizing the recent G20 summit going to be held in 2023?
(a) Brisbane
(b) Osaka
(c) Antalya
(d) India
Ans. d
Explanation: India is set to take over the G20 presidency from December 1, 2022, till November 30, 2023.
4. What is the theme of the G20 summit happening in India?
(a) Shaping an Interconnected World
(b) Fighting poverty with rigidity
(c) "One Earth-One Family-One Future".
(d) Making the world together
Ans. c
Explanation: The theme for India's G20 Presidency is in sync with the key template of PM Modi’s foreign policy - "Vasudhaiva Kutumbakam" or "One Earth-One Family-One Future".
5. Which of the following is not the member of the G20?
(a) Indonesia
(b) Singapore
(c) Mexico
(d)Turkey
Ans. b
Explanation: Singapore is not a member of the G20.
6. Which of the following statements is not correct regarding the G20?
(a) In the meetings of the G20, the EU is represented by the European Commission and by the European Central Bank
(b) The G20 economies account for around 85% of the gross world product (GWP)
(c) The G20 economies account for around 80% of world trade
(d) The G20 economies account for around 40% population of the world
Ans. d
Explanation: The G20 economies account for around two-thirds population of the world.
7. Where was the first summit of G20 held?
(a) USA
(b) Britain
(c) Canada
(d) France
Ans. a
Explanation: The first summit of the G20 was held in Washington in 2008.
8. To date how many summits of G20 have been held?
(a) 5
(b) 9
(c) 11
(d) 18
Ans. d
Explanation: The 18th summit was successfully done in India. The next G20 Summit will be hosted by Brazil and then 2025.
9. Which of the following statements is correct about G20?
(a) The Presidency of G20 is supported by a "troika" made up of the current, immediate past, and future host countries
(b) The G20 has a permanent secretariat
(c) In 2015 the G20 Presidency was held by China
(d) The G20 Presidency rotates every two year
Ans. a
Explanation: The Presidency of G20 is supported by a "troika" made up of the current, immediate past, and future host countries
10. When will India hold the G-20 Summit?
(a) 2020
(b) 2023
(c) 2022
(d) None of the above
Ans. b
Explanation: It is surprising that India did not host any G-20 meeting so far. But in 2023 India will host the 18th summit of the G-20.
11. What is the inspiration for G20 2023 logo?
(a) India’s national flag
(b) Russia's national flag
(c)France's national flag
(d) None of the above
Ans. a
Explanation: The G20 Logo draws inspiration from the vibrant colours of India’s national flag – saffron, white and green, and blue. It juxtaposes planet Earth with the lotus, India’s national flower that reflects growth amid challenges. The Earth reflects India’s pro-planet approach to life, one in perfect harmony with nature. Below the G20 logo is “Bharat”, written in the Devanagari script.
12. What is the meaning of G20?
(a) Grand 20 nations
(b) Great 20 countries
(c) Group of 20
(d) None of the above
Ans. (c)
Explanation: The Group of Twenty(G20) is the premier forum for international economic cooperation.
13. Where is the headquarters of G20?
(a) India
(b)USA
(c) Both (a) and (b)
(d) None of the above
Ans. (d)
Explanation: The G20 does not have a permanent secretariat or Headquarters. It keeps changing with the host country.
14. What is the official language of the G 20 Summit?
(a) English
(b) French
(c) Spanish
(d) All of the above
Ans. (d)
Explanation: The G20 summit has English, French, and Spanish as its official language.
15. Which country will host G20 Summit in 2024?
(a) South Africa
(b) Brazil
(c) Russia
(d) Japan
Ans. (b)
Explanation: Brazilwill host the G20 in 2024, followed by South Africa in 2025.
16. PM Modi transferred the G20 presidency to
(a) Carmen Lucia
(b) Jair Bolsonaro
(c) Luiz Inacio Lula Da Silva
(d) Michel Temer
Ans. c
Explanation: PM Modi passed the Gavel to the President of Brazil, Lula Da Silva on Sunday as a mark of closure and transfer of presidency for the G20 Summit 2024.
For 500+ questions and answers on Indian Economy
What is G-20 Organisation: List of Summits
