Which of the following is/are correct about G20? 1. It has no perman

Which of the following is/are correct about G20?

  • 1. It has no permanent secretariat.
  • 2. It was founded on a legally binding international agreement between 20 top industrialized countries.
  • 3. Each country is led by a Sherpa.
  • 4. Spain is one of the two ‘Permanent Invitees’ to G20.

Select the correct answer using the code given below.

1 and 2
4 only
3 and 4
1 and 3
This question was previously asked in
UPSC CISF-AC-EXE – 2024
Statements 1 and 3 are correct.
1. The G20 is a forum for international economic cooperation. It does not have a permanent secretariat or staff. The presidency rotates annually among members, and the host country is responsible for organizing the summit and meetings.
3. Each G20 member (which includes 19 countries, the European Union, and the African Union) is represented by a Sherpa, who is the personal representative of the head of state or government. The Sherpas conduct the preparatory work for the summit.
2. The G20 was formed in 1999 following the Asian financial crisis. It is a forum, not an international organization founded on a legally binding treaty. Its members include both industrialized and developing economies, representing a significant portion of the world’s population, GDP, and trade.
4. Spain is a permanent guest invitee to the G20 summits, participating in all G20 events. However, stating it is “one of the two ‘Permanent Invitees'” is potentially inaccurate as there are other permanent institutional invitees (like the UN, IMF, World Bank, etc.) and the phrasing “two” is specific and not standard. Therefore, statement 4 is likely intended to be incorrect due to the precise number mentioned. Based on the options provided, only statements 1 and 3 are considered correct.