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Q1. What Are The Member Nations and The Objective?

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6 views

Q1. What Are The Member Nations and The Objective?

Uploaded by

navyajoshi881
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
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Download as PDF, TXT or read online on Scribd
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Q1. What are the member nations and the objective?

The G20 or Group of 20 is an


intergovernmental forum comprising 19
sovereign countries, the European
Union, and the African Union. It works
to address major issues related to the
global economy, such as international
financial stability, climate change
mitigation, and sustainable
development.

Q2. When was it established? And when was the last summit?

The G20 Leaders’ Summit was established in response to the global financial crisis that
occurred in the wake of the collapse of the Lehman Brothers bank. The existing G20
Meeting of Finance Ministers and Central Bank Governors was upgraded to the head of
state level, and the inaugural G20 Summit was held in Washington D.C. in November
2008. From thereon, Summit meetings were held semiannually until 2010 and annually
from 2011 onwards.

The last or the 18th G20 Summit was successfully conducted at Bharat Mandapam in New
Delhi during 9-10 September, 2023.
In 2024, it will be held in Rio de Janeiro, Brazil.

G20 in India

● The G20 Leaders’ Declaration was adopted at the G20 New Delhi Summit, stating their
commitment towards the priorities discussed and agreed upon, during the respective
ministerial and working group meetings.
● The theme of India’s G20 Presidency was - “Vasudhaiva Kutumbakam” or “One Earth ·
One Family · One Future”.
● For a detailed report -
https://www.g20.in/content/dam/gtwenty/Indias_G20_Presidency-A_Synopsis.pdf

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