Current Affairs

G7 and G20 Summits MCQs with Answer

G7 and G20 Summits MCQs are a must for CSS aspirants studying International Relations, Global Economy, and Diplomacy. The G7 (Group of Seven) and G20 (Group of Twenty) summits play a major role in global financial stability, trade policies, climate change policies, and geopolitical policies. The forums gather the world’s most influential economies to discuss the world’s most critical issues, driving economic growth, digital revolution, and sustainable development. Knowing how they work, their historical import, and worldwide influence is important to CSS candidates.

H2: Role and Significance of G7 and G20 Summits

The G7 comprises the USA, UK, Canada, France, Germany, Italy, and Japan, with an emphasis on economic cooperation, security policies, and democratic governance. It discusses important issues such as international trade, cybersecurity, and foreign policy coordination. The G20, which comprises emerging economies such as China, India, Brazil, and Russia, addresses global financial crises, trade tensions, and economic reforms, offering a wider platform for developed and developing countries to work together on global issues.

H3: G7 and G20 Challenges and Future Directions

Both summits face geopolitical tensions, economic inequality, and climate change challenges. The rise of artificial intelligence, cryptocurrency regulations, and energy security issues has increased the need for international cooperation. The G20’s role in debt relief programs and sustainable financial models is growing, while the G7 continues to lead in global governance and strategic policymaking. MCQs and free flashcards on G7 and G20 Summits can be practiced by CSS candidates to know their effects on global economic stability, trade treaties, and diplomatic ties.

Which of the following countries is not a member of the G7?
a) Canada
b) Germany
c) China
d) Italy

Answer
c) China

When was the first G7 Summit held?
a) 1970
b) 1975
c) 1980
d) 1985

Answer
b) 1975

The G20 was established in response to which financial crisis?
a) 1997 Asian Financial Crisis
b) 2008 Global Financial Crisis
c) 1987 Stock Market Crash
d) 2012 European Debt Crisis

Answer
b) 2008 Global Financial Crisis

Which of the following is a permanent guest of the G7 Summits?
a) Russia
b) India
c) European Union
d) Brazil

Answer
c) European Union

Which country hosted the first G20 Leaders’ Summit in 2008?
a) United States
b) United Kingdom
c) Canada
d) Germany

Answer
a) United States

What is the primary objective of the G7 and G20 Summits?
a) Military alliance
b) Economic cooperation and policy coordination
c) Space exploration
d) Environmental protection only

Answer
b) Economic cooperation and policy coordination

Which G7 country was temporarily excluded from the group in 2014?
a) Canada
b) Russia
c) France
d) Italy

Answer
b) Russia

Which of the following organizations is not directly associated with the G20?
a) International Monetary Fund (IMF)
b) United Nations (UN)
c) World Bank
d) World Trade Organization (WTO)

Answer
b) United Nations (UN)

Which of these nations is a member of the G20 but not the G7?
a) Germany
b) France
c) Australia
d) Italy

Answer
c) Australia

Which city hosted the G7 Summit in 2023?
a) Paris
b) Hiroshima
c) London
d) Washington, D.C.

Answer
b) Hiroshima

Which of these is a core focus of the G20?
a) Global financial stability
b) Space exploration
c) Military cooperation
d) Arms control

Answer
a) Global financial stability

Which of the following countries will host the G20 Summit in 2025?
a) Brazil
b) India
c) Germany
d) Japan

Answer
a) Brazil

Why was Russia removed from the G8, making it the G7 again?
a) Economic recession
b) Human rights violations
c) Annexation of Crimea
d) Environmental violations

Answer
c) Annexation of Crimea

Which country held the G20 presidency in 2023?
a) China
b) France
c) India
d) Saudi Arabia

Answer
c) India

Which of these countries has never hosted a G7 Summit?
a) Canada
b) Italy
c) Australia
d) United Kingdom

Answer
c) Australia

Which financial institution plays a key role in G20 discussions?
a) NATO
b) International Monetary Fund (IMF)
c) OPEC
d) WHO

Answer
b) International Monetary Fund (IMF)

Which of the following is true about G20 membership?
a) It includes only developed countries
b) It includes both developed and developing economies
c) It is limited to European nations
d) It is composed only of countries from the UN Security Council

Answer
b) It includes both developed and developing economies

Which of the following issues has been a major focus of recent G7 Summits?
a) Space colonization
b) Climate change
c) Nuclear weapons expansion
d) Oil price hikes

Answer
b) Climate change

Which organization often provides economic reports during G20 Summits?
a) UNESCO
b) FIFA
c) Organization for Economic Co-operation and Development (OECD)
d) Red Cross

Answer
c) Organization for Economic Co-operation and Development (OECD)

How often are G7 Summits held?
a) Every five years
b) Every year
c) Every two years
d) Every three years

Answer
b) Every year

Which of the following was a key topic in the G20 Summit 2022?
a) Cryptocurrency regulation
b) Global health security
c) Artificial intelligence in governance
d) Space tourism policies

Answer
b) Global health security

The G7 consists of which type of economies?
a) Emerging economies
b) Developing economies
c) Advanced industrialized economies
d) Oil-based economies

Answer
c) Advanced industrialized economies

Which G20 country is the only one from Africa?
a) Nigeria
b) Egypt
c) South Africa
d) Kenya

Answer
c) South Africa

Which of the following is not a function of the G20?
a) Addressing global economic challenges
b) Strengthening financial stability
c) Imposing military sanctions
d) Promoting sustainable development

Answer
c) Imposing military sanctions

Which country was the first to host a virtual G20 Summit?
a) Saudi Arabia
b) United States
c) Germany
d) China

Answer
a) Saudi Arabia

Which G7 member has the largest economy?
a) Canada
b) United States
c) France
d) Japan

Answer
b) United States

How many countries are members of the G20?
a) 15
b) 18
c) 19
d) 20

Answer
c) 19

Which of the following is a criticism of the G7?
a) Lack of transparency
b) Too many member countries
c) Too much focus on space exploration
d) It excludes developing economies

Answer
d) It excludes developing economies

Which of the following countries has hosted the most G7 Summits?
a) Japan
b) Canada
c) United Kingdom
d) United States

Answer
d) United States

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