The 'G-7' group includes which of the following countries? MCQ with Answer and Explanation

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The 'G-7' group includes which of the following countries?

A. Australia, South Korea, South Africa

B. United States, United Kingdom, Germany, France, Italy, Japan, Canada

C. Russia, China, India, Brazil

D. India, China, Brazil

Answer: Option B

Solution (By JKSSB Mock Tests)

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

This question belongs to: Economy GK Economy Set 1

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The 'Code on Social Security' was passed in which year?

A. 2020

B. 2019

C. 2021

D. 2022

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Correct Answer: Option A

Explanation:
The Code on Social Security was passed in 2020.

This question belongs to: Economy GK Economy Set 1

Question #2

The 'optimal currency area' theory was developed by:

A. John Maynard Keynes

B. Paul Krugman

C. Milton Friedman

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Correct Answer: Option D

Explanation:
Robert Mundell developed the theory of optimal currency areas.

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The 'Agreement on Agriculture' under WTO came into force in which year?

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C. 2000

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Correct Answer: Option B

Explanation:
The Agreement on Agriculture came into force in 1995.

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