Wednesday 11 September 2013

G-20 Saint Petersburg summit , 2013

Friends in this article I will discuss about G-20 which is indeed the most powerful in today's world..Why is it so powerful? What are its impact ? lets clear all such question ...One day Saboo asked to Chacha Chowdhary about G-20..and lets read their fruitful  discussion 

Saboo - Chacha Jee...Tell me something about G-20? It's a current issue... and very important for my interview in my SSB...

Chacha - Saboo first of all you belong to Jupiter so you are not eligible for defence services.. for the sake of your curiosity i am telling you, G - 20 , as the name implies , G for Group and this is a group of 19 FINANCE MINISTER'S and Central Bank Governor's from major economies and  1 European Union so it is named as G-20....

Saboo -  When it was formed?

Chacha Jee - In 1999 , The G-20 was proposed by former Canadian Prime Minister Paul Martin as a forum for cooperation and consultation on matters pertaining to the international financial system..

The heads of the G-20 nations met semi-annually at G-20 summits between 2008 and 2011. Since the November 2011 Cannes summit, all G-20 summits have been held annually. Russia currently holds the chair of the G-20, and hosted the eighth G-20 summit in September 2013.



 G-20 Saint Peters-burg summit , 2013


During the summit, Indian Prime Minister Manmohan Singh focused on the ongoing economic crisis and urged the G-20 nations to pay more attention to their monetary policies

Syria -

The summit was dominated by questions regarding the Syrian civil war and any potential international reaction to the Ghouta chemical attacks. The summit came after U.S.-led efforts to obtain a UN Security Council resolution authorising military strikes against the Assad government had failed due to Russian and Chinese opposition. The British House of Commons had defeated a motion regarding UK involvement in any strike on 30 August and U.S. politicians were debating potential action as the summit was ongoing.

Media billed the summit as a contest between U.S. President Barack Obama, trying to garner support for military action, and Russian president Vladimir Putin in opposition to any such action. 11 countries signed a U.S.-authored statement blaming and condemning the Assad government for the attacks and calling for a strong international response.

Saboo - Chacha Jee ..people say very true about you.. that your mind works faster than computer..



So you can understand the potential of this group because it involve economy , Finance ministers , central bank governor so if any decision is taken by this group then it will effect almost 2/3rd population of this world.

This is one of the very important topic which is generally asked in interviews and other exams. you must know the basics of G- 20 and about it's present summit...

JAI HIND..




1 comment:

  1. where was Raka during this conversation?

    ReplyDelete