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Q62 (CISF/2024) International Relations & Global Affairs › International Organisations & Groupings

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.

Result
Your answer: —  Â·  Correct: D

Explanation

Statement 1 is correct: The G20 does not have a permanent secretariat. The presidency rotates annually, and the host country establishes a temporary secretariat to manage the group's work, supported by the Troika (previous, current, and incoming presidencies).

Statement 2 is incorrect: The G20 is an informal forum established in 1999 following the Asian financial crisis. It is not based on a legally binding international agreement or treaty. Furthermore, it includes both industrialized and emerging economies (developing nations), not just industrialized ones.

Statement 3 is correct: The G20 work is divided into the Finance Track and the Sherpa Track. Sherpas are personal representatives of the leaders who coordinate negotiations and help shape the agenda leading up to the Summit.

Statement 4 is incorrect: Spain is a permanent guest (invitee) of the G20, but it is the only country with this specific status. Other regional organizations and countries are invited by the host presidency, but they are not "permanent" in the same sense as Spain.

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