Question 1

The G20 (Group of Twenty) was established in which year?

Accepted Answer

1999. The G20 was established in 1999 at the level of Finance Ministers and Central Bank Governors following the 1997-98 Asian Financial Crisis. It was elevated to a Leaders' Summit level in 2008 in response to the global financial crisis. The G20 represents approximately 85% of world GDP and 75% of global trade.

Question 2

The first G20 Leaders' Summit was held in which city?

Accepted Answer

Washington DC. The first G20 Leaders' Summit was held in Washington DC, USA on 14-15 November 2008, convened to address the global financial crisis. The summit produced a commitment to reform the financial regulatory system. George W. Bush hosted the inaugural summit.

Question 3

India hosted the G20 Summit in 2023. Which city was the venue?

Accepted Answer

New Delhi. India hosted the G20 Summit in New Delhi on 9-10 September 2023 under the theme 'Vasudhaiva Kutumbakam' (One Earth, One Family, One Future). PM Modi chaired the summit. A major achievement was the inclusion of the African Union as a permanent G20 member.

Question 4

What was the theme of India's G20 Presidency (2022-2023)?

Accepted Answer

One Earth, One Family, One Future. India's G20 Presidency theme was 'Vasudhaiva Kutumbakam' — meaning 'One Earth, One Family, One Future,' drawn from the Maha Upanishad. The theme emphasized India's civilizational ethos of global well-being. India held over 200 meetings in 60+ cities across India during its presidency.

Question 5

Which new permanent member was added to the G20 during India's 2023 presidency?

Accepted Answer

African Union. The African Union (AU) was admitted as a permanent member of G20 during India's presidency at the New Delhi Summit in September 2023. The AU represents 55 African nations. This was a diplomatic achievement that India facilitated, giving Africa greater voice in global governance.

G20, BRICS, SCO & QUAD — Set 1