G20 & G7 — Set 7
World Organizations · G20 और G7 · Questions 61–70 of 70
Which G20 country hosted the summit in Bali in 2022?
Correct Answer: C. Indonesia
Indonesia held the G20 presidency in 2022 and hosted the summit in Bali. The theme was 'Recover Together, Recover Stronger' following the pandemic. Indonesia was the first Southeast Asian nation to lead the G20.
In which year was the G20 founded at the level of Finance Ministers?
Correct Answer: C. 1999
The G20 was established in 1999 after the Asian financial crisis to include emerging economies. It was initially a forum for finance ministers and central bank governors. It only became a leaders' summit in 2008.
Which country is set to host the G20 Summit in 2024?
Correct Answer: C. Brazil
Brazil will host the 19th G20 summit in Rio de Janeiro in 2024. It took over the presidency from India in December 2023. Brazil's agenda focuses on social inclusion and sustainable development.
Which G7 nation is the only Asian representative in the group?
Correct Answer: A. Japan
Japan is the sole Asian member of the G7. It was an original member of the G6 formed in 1975. Japan's participation ensures that East Asian economic interests are represented in the group.
What does the 'Sherpa' in G20 refer to?
Correct Answer: B. A personal representative of a head of state
Sherpas are senior officials who carry out the preparatory work for the leaders' summit. They negotiate the draft declarations and coordinate the group's agenda. The term comes from the guides who assist climbers in the Himalayas.
Which of the following is a member of the G20 but NOT the G7?
Correct Answer: C. Mexico
Mexico is a G20 member representing the emerging markets of Latin America. It is not part of the G7, which is restricted to advanced industrialized nations. Mexico hosted the G20 summit in Los Cabos in 2012.
What percentage of global trade is roughly accounted for by G20 members?
Correct Answer: B. 75%
G20 members represent more than 75% of global trade. They also account for 85% of the world's GDP and two-thirds of the population. These statistics make the G20 the premier forum for international economic cooperation.
Which G7 summit was the first one held in 1975?
Correct Answer: B. Rambouillet Summit
The first formal summit was held at the Château de Rambouillet in France. It was attended by six countries, making it the G6 at that time. Canada joined the following year to make it the G7.
Which country's prime minister gave the slogan 'Vasudhaiva Kutumbakam' for G20?
Correct Answer: B. India
Indian Prime Minister Narendra Modi introduced the theme 'Vasudhaiva Kutumbakam' (The World is One Family) for 2023. This reflects India's traditional philosophy of global unity. The theme was officially translated as 'One Earth, One Family, One Future'.
Which G20 member has the largest economy in terms of GDP?
Correct Answer: C. USA
The United States is the largest economy among the G20 members. China follows it in second place. Both nations are key players in every G20 economic and environmental negotiation.