Consider the following statements about G20:
I. It is an informal group of 20 members.
II. India, China and Canada are among its members.
III. The meeting of G-20 for the year 2023 will be held in Jammu and Kashmir. Which of the statements given above is/are correct?

It is an informal group of 19 countries and the European Union (EU), founded in 1999. Its members are Argentina, Australia, Brazil, Canada, China, France, Germany, India, Indonesia, Italy, Japan, Republic of Korea, Mexico, Russia, Saudi Arabia, South Africa, Turkey, the United Kingdom, the United States and the EU. India will steer the international body as its President from 1st December 2022 to 30th November 2023, which will lead to the G20 summit to be hosted here. Jammu and Kashmir will be hosting the 2023 meetings of G-20. Union Commerce and Industry Minister Piyush Goyal was appointed as India’s Sherpa for the G20. The Ministry of External Affairs had said that India will hold the G20 presidency from December 1, 2022 and will convene the G20 leaders’ summit in 2023 for the first time.