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G20 Virtual Summit

Published on March 26, 2020
Current context: The G20 virtual summit is scheduled to be held on 26th March 2020.
G20 Virtual Summit
  • Saudi Arabia's King Salman Bin Abdulaziz Al Saud will chair the emergency virtual summit of G20 leaders.
  • The member countries will discuss to advance the coordinated response to the novel coronavirus pandemic in the meet.
  • Saudi Arabia, which currently holds the G20 presidency, called for the "virtual summit" to discuss its measures last week.
  • South Arabia has held the Presidency of the G20 for the first time.
  • The G20 is comprised of the governments and central bank governors from 19 countries and the European Union (EU), which represent 85% of the global economy.
  • It was founded in 1999 with the aim to discuss policy pertaining to the promotion of international financial stability.

Question: 

Q.1 Which country currently holds the presidency of G20?
a. India
b. South Africa
c. Saudi Arabia
d. China
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