G-20 is an annual meeting of 20 fastest-growing countries. It accounts for 85% of the world's GDP. The kingdom of Saudi Arabia hosted the G20 leader's summit in G-20. Hence statement 3 is correct . There are two working channels of G-20- Finance Channel - It covers meetings between finance ministers and central bank presidents. The Sherpas Channel – It covers non-financial issues, such as political commitment, the fight against corruption, development, gender equality, trade, and energy. Hence statement 1 is correct . G-20 has no permanent staff on its own. Hence statement 2 is correct .