Comprehension Passage
India's Presidency of the Group Twenty (G-20) is a matter of great pride for all Indians. The G-20 is an intergovernmental forum consisting of 19 countries such as Argentina, Australia, Brazil, Canada, China, France, Germany, India, Indonesia, Italy, Japan, Republic of Korea, Mexico, Russia, Saudi Arabia, South Africa, Turkey, United Kingdom and United States and the European Union. The G-20 was founded in 1999 after the Asian financial crises as a forum for international economic cooperation. The size of G-20 indicates its relevance in the global economy. The G-20 members represent around 85% of the global GDP, over 75% of the global trade and 67% of world population. The G-20 summit is held annually under the leadership of a rotating presidency. India assumed the G-20 presidency from Indonesia on December 1, 2022 and will convene the G-20 leaders' summit for the first time in the country in 2023. The theme of India's G-20 presidency is "Vasudhaiva Kutumbakam", that is, "One Earth, One family and One future" closely ties with LIFE (Lifestyle for Environment). The G-20 presidency steers the G-20 agenda for one year and hosts the summit. The G-20 consists of two parallel tracks: the Finance track and the Sherpa track. Finance ministers and Central Bank Governors lead the finance track, while Sherpas lead the Sherpa track. India's G-20 priorities are Green Development, Climate finance and life; Accelerated inclusive and resilient growth; Accelerating progress on SDGs; Technological transformation and Digital public infrastructure; Multilateral institutions for the 21st century; and Women Led development. India kickstarted its presidency term agenda with a series of initiatives and meetings. As a part of this, India will host over 200 meetings in over 50 cities across 32 different work streams before conducting the annual G-20 summit in Delhi in September 2023. The 43 Heads of Delegations, the largest ever in G-20 will be participating in the final summit. Conducting of this summit definitely increases India's standing in the global order. It is a great opportunity to showcase India's cultural heritage, culture and achievements to global leaders and India's commitment for global sustainable development.

The size of G-20 in terms of world population, global GDP and global trade respectively is:  

1
85%, 75% and 85% 
2
67%, 75% and 85% 
3
85%, 67% and 73% 
4
67%, 85% and 75%

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