World Economy & Finance

5 questions available

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Q1.BRICS originally consisted of which countries?

Easy
A Brazil, Russia, India, China and South Africa
B Britain, Russia, Iran, China and Spain
C Brazil, Romania, India, Canada and Sweden
D Belgium, Russia, Italy, China and Serbia
Major Economies FPSC

Correct Answer: A

BRICS stands for Brazil, Russia, India, China and South Africa.

Q2.The G20 was formed primarily to address issues in which area?

Medium
A International economic and financial cooperation
B Military alliances
C Environmental protection
D Cultural exchange
Major Economies PPSC

Correct Answer: A

The G20 is the premier forum for international economic cooperation.

Q3.The G7 group consists of how many member countries?

Easy
A 7
B 8
C 20
D 5
Major Economies CSS

Correct Answer: A

The G7 comprises the US, UK, Canada, France, Germany, Italy and Japan.

Q4.Which country has the largest economy in the world by nominal GDP?

Easy
A United States
B China
C Japan
D Germany
Major Economies PPSC

Correct Answer: A

The United States has the largest nominal GDP in the world.

Q5.Which country has the second largest economy in the world by nominal GDP?

Easy
A China
B Japan
C Germany
D India
Major Economies FPSC

Correct Answer: A

China is the second largest economy by nominal GDP.