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

The 'G-7' group includes which of the following countries?
A. United States, United Kingdom, Germany, France, Italy, Japan, Canada
B. Russia, China, India, Brazil
C. India, China, Brazil
D. Australia, South Korea, South Africa
Answer: Option A
Solution (By JKSSB Mock Tests)
The G7 comprises the US, UK, Germany, France, Italy, Japan and Canada.

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Practice More Economy Set 1 Questions

Question #1
The 'National Skill Development Corporation' was set up as a:
A. regulatory body
B. public-private partnership
C. state-owned company only
D. government department

Correct Answer: Option B


Explanation:
NSDC is a public-private partnership for skill development.

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Question #2
The concept of 'Planetary Boundaries' identifies:
A. Only national environmental regulations
B. Only economic growth limits
C. Nine biophysical thresholds that, if crossed, could destabilise the Earth system
D. Only population limits

Correct Answer: Option C


Explanation:
The planetary-boundaries framework, developed by Rockström and colleagues, defines a set of nine Earth-system processes and associated quantitative boundaries within which humanity can operate safely.

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Question #3
The 'Goods and Services Tax' on audit services is:
A. 5%
B. 12%
C. 28%
D. 18%

Correct Answer: Option D


Explanation:
Audit services attract 18% GST.

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