G7 & 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 are crucial for determining global economic policies, financial stability, trade policies, and geopolitical approaches. These platforms host the world’s biggest economies to address economic development, climate change, digital revolution, and international security concerns. It is essential for CSS aspirants to know their functions, major decisions, and role in global policies.
H2: Role and Influence of G7 & G20 Summits in Global Governance
The G7 includes the USA, UK, Canada, France, Germany, Italy, and Japan, and is concerned with economic policy, global security, and democratic values. The G20, however, brings together leading economies such as China, India, Russia, and Brazil and is broader in responding to global finance issues, trade tensions, and sustainable development goals (SDGs). These summits determine policy frameworks for economic stability, digital economy development, and financial cooperation.
H3: Future and Challenges of G7 & G20 Policies
Both G7 and G20 face challenges such as rising global debt, trade tensions, and climate change commitments. The emergence of AI-driven economies, cryptocurrency regulations, and energy security issues has shifted focus toward sustainable financial models and technological advancements. The role of developing nations in G20 policymaking is increasing, shaping future global economic governance. Working on MCQs and free flashcards for G7 & G20 Summits will enable CSS aspirants to comprehend how they affect global financial stability, trade policies, and geopolitics.
What does G7 stand for?
a) Group of Seven Industrialized Nations
b) Global 7 Summit
c) Group of Seven Developing Nations
d) Grand 7 Economic Alliance
How many original members did the G7 have when it was first formed?
a) 5
b) 6
c) 7
d) 8
Which of the following is NOT a permanent member of the G20?
a) South Africa
b) Switzerland
c) Mexico
d) Indonesia
In which year did Russia officially join the G7 to form the G8?
a) 1985
b) 1991
c) 1997
d) 2000
Which country hosted the G20 Summit in 2021?
a) United States
b) Italy
c) India
d) Japan
The G20 was founded in which year?
a) 1995
b) 1999
c) 2002
d) 2005
Which of the following countries is not a G7 member?
a) Canada
b) Australia
c) Germany
d) United Kingdom
Which G7 country has the second-largest economy?
a) Germany
b) Japan
c) France
d) Canada
Why was Russia expelled from the G8 in 2014?
a) Financial crisis
b) Political instability
c) Annexation of Crimea
d) Violation of trade agreements
Which city hosted the first G7 Summit?
a) London
b) Paris
c) Tokyo
d) Rambouillet
Which of the following is a major topic discussed at G20 Summits?
a) Space exploration
b) Global economic stability
c) Arms trade
d) Border disputes
Which organization is closely associated with G20 meetings?
a) NATO
b) World Bank
c) Greenpeace
d) Red Cross
Which country held the G7 presidency in 2023?
a) Canada
b) Germany
c) Japan
d) France
Which non-member country is often invited to G7 Summits?
a) Saudi Arabia
b) India
c) Argentina
d) Brazil
How many members does the G20 have?
a) 15
b) 18
c) 19
d) 20
Which G7 country has the smallest population?
a) France
b) Italy
c) Canada
d) Germany
Which of the following is NOT a G7 Summit topic?
a) Economic policies
b) Global security
c) Climate change
d) Olympic Games
Which country hosted the first G20 Leaders’ Summit?
a) Germany
b) United States
c) United Kingdom
d) France
Which of these nations is a G20 member but not a G7 member?
a) Italy
b) Canada
c) Brazil
d) France
Which G20 Summit focused heavily on cryptocurrency regulations?
a) 2017
b) 2018
c) 2019
d) 2021
Which of these organizations plays a major role in G20 discussions?
a) FIFA
b) World Health Organization (WHO)
c) Organization of Petroleum Exporting Countries (OPEC)
d) International Monetary Fund (IMF)
Which G7 country has the highest GDP per capita?
a) Canada
b) Germany
c) United States
d) Japan
What is the main focus of G7 Summits?
a) Military alliances
b) Economic policy and global issues
c) Trade agreements only
d) Space research
Which city hosted the G7 Summit in 2022?
a) Washington, D.C.
b) London
c) Elmau
d) Rome
Which African country is a member of the G20?
a) Nigeria
b) Kenya
c) South Africa
d) Egypt
Which of the following countries is not part of the G20?
a) Argentina
b) Turkey
c) New Zealand
d) South Korea
Which country hosted the G20 Summit in 2020, which was held virtually due to COVID-19?
a) United States
b) Saudi Arabia
c) Australia
d) Canada
How often are G7 Summits held?
a) Every two years
b) Annually
c) Every three years
d) Every five years
Which G20 country is the largest economy in the European Union?
a) Italy
b) France
c) Germany
d) Spain
