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  9. Q95

JKPSC KAS 2023 · Question 95 of 100

Consider the following statements regarding G20 grouping. 1. European Union as a whole is a member of the G20. 2. The G20 Summit is formally known as the "Summit on Financial Markets and the World Economy". 3. The first G20 meeting occurred right after the 2012 Eurozone financial crisis. Which of the above statements is/are correct?

Current Affairs

  1. A1, 2Correct
  2. B1, 3
  3. C2, 3
  4. D1, 2, 3

Answer: A. 1, 2

Explanation

The EU is a G20 member (1 correct) and the summit's formal name is the Summit on Financial Markets and the World Economy (2 correct). The first G20 leaders' meeting was in 2008 after the global financial crisis, not 2012 (3 wrong).

Source: JKPSC KAS Prelims 2023 (Set A) via TheExamPillar

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