Q. With reference to the G20, consider the following statements:
1.Sherpa Track of G20 is the unofficial track of G20.
2.The Finance Track of G20 is headed by the finance ministers and central bank governors.
Select the correct statements using the codes given below:
Statement 1 is incorrect. The G20 works in three major tracks — two of them are official and one is unofficial. The official tracks are the Finance Track and the Sherpa Track. The unofficial track includes engagement groups or civil society groups (like Women20, Youth20, etc.).
Statement 2 is correct. The Finance Track of G20 is headed by the finance ministers and central bank governors.