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    Question

    Which of the following facts are not true in regards to

    G20? 1.    It was formed in 1998 2.    Formed in the backdrop of Asian financial crisis 3.    Represents around 85% of the global GDP 4.    Represents ⅓ of world Population   Please select the correct option(s):
    A 1 & 2 Correct Answer Incorrect Answer
    B 2 & 3 Correct Answer Incorrect Answer
    C 1 & 3 Correct Answer Incorrect Answer
    D 1 & 4 Correct Answer Incorrect Answer

    Solution

    It was formed in 1999, in the backdrop of the Asian financial crisis. The G20 members represent around 85% of the global GDP, over 75% of the global trade, and about two-thirds of the world population.

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