According to the Union Budget 2020, when will India host G20 presidency?

Explanation

The correct answer is 2023. Key Points India will assume the presidency of the G20 (Group of Twenty ) for a year starting 1 December 2022 and is expected to host over 200 meetings across the country during its presidency tenure. The next G20 summit will be held in New Delhi on September 9 and September 10, 2023. Additional Information The G20 is anintergovernmental forum of the world’s major developed and developing economies. It comprises Argentina, Australia, Brazil, Canada, China, France, Germany, India, Indonesia, Italy, Japan, the Republic of Korea, Mexico, Russia, Saudi Arabia, South Africa, Turkey, the UK, the US, and the European Union. The G20 presidency keeps rotating every year among member nations. The country holding the presidency, together with the previous and next presidency-holder, forms the ‘Troika.’