But probably the main security here is just using the chrome pdf viewer instead of the adobe one. Which you can do without google drive. The browser PDF viewers ignore all the strange and risky parts of the PDF spec that would likely be exploited.
Obviously you can't. You assume it's best in class based on various factors including the fact that this is the same juggernaut that runs project zero. They also somehow manage to secure their cloud offering against malicious clients so presumably they can manage to parse a pdf to an image without getting pwned.
It would certainly be interesting to know what their internal countermeasures are but I don't know if that's publicized or not.
That's something I do from time to time as well. AFAIK Google Drive renders all documents on the server-side (which implicitly means that they don't trust the browser sandbox), so that's a reasonable price to pay for less privacy.
Dealing with sensitive documents though is another story, you just can't upload them to a third-party service. That's where projects like Dangerzone come into play.