In the world economy, G20 nations account for which of the following A. \(\frac{2}{3}^{rd}\) of the World’s population B. 75% of the global trade C. 85% of the World’s GDP Which of the above statements is/are correct Select the code for the correct answer from the options given below:?

Option 4 : A, B and C

The correct answer is A, B, and C.

• The G20 comprises 19 countries and the European Union.
• The 19 countries are Argentina, Australia, Brazil, Canada, China, Germany, France, India, Indonesia, Italy, Japan, Mexico, Russia, Saudi Arabia, South Africa, South Korea, Turkey, the United Kingdom and the United States.
• The G20 is the premier forum for international economic cooperation.
• Saudi Arabia hosted the 2020 G20 summit.
• It is headquartered at Mexico.

• G20 accounts for 85% of the world economy and two-thirds of its population. Hence statement A and B is correct.
• G20 accounts for 90% of global GDP, 80% of global trade as well as some 60% of all agricultural land and about 80% of world trade in agricultural products. Hence statement C is correct.