Question 1

Which country hosted the first-ever G20 summit at the level of Heads of State or Government in 2008?

Accepted Answer

United States. The inaugural G20 Leaders' Summit took place in Washington D.C. in November 2008. It was convened to address the global financial crisis of that period. This marked the elevation of G20 from a finance ministers' forum to a leaders' summit.

Question 2

In which year was the G7 group formally established as a forum for leading industrialized nations?

Accepted Answer

1975. The G7 was established in 1975 following the global oil crisis. Originally, it started as a 'Library Group' of finance ministers before becoming a formal summit. France hosted the first-ever summit at Rambouillet.

Question 3

Which international organization was invited as the 21st permanent member of the G20 during the New Delhi Summit?

Accepted Answer

African Union. The African Union was formally inducted as a permanent member of the G20 in 2023. This historic move was aimed at making the forum more inclusive of the Global South. Before this, the European Union was the only regional bloc with permanent membership.

Question 4

Which country was suspended from the G8 in 2014, leading to the group reverting to the G7?

Accepted Answer

Russia. Russia joined the group in 1998, turning G7 into G8. However, it was suspended in 2014 following the annexation of Crimea. The group has functioned as the G7 ever since.

Question 5

Which of the following countries is a member of the G7 but not a member of the BRICS group?

Accepted Answer

Canada. Canada is a core member of the G7 along with other industrialized nations. While BRICS represents emerging economies, G7 represents advanced economies. Canada has never been a part of the BRICS alliance.

G20 & G7 — Set 1