The G20 was established in which year? MCQ with Answer and Explanation

The G20 was established in which year?
A. 2001
B. 1995
C. 2005
D. 1999
Answer: Option D
Solution (By JKSSB Mock Tests)
The G20 was founded in 1999 in response to the Asian financial crisis, initially as a forum of finance ministers and central bank governors.

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Practice More International Organizations Questions

Question #1
The 'BRICS International Competition Conference' focuses on:
A. Antitrust and competition law
B. Space exploration
C. Military cooperation
D. Cultural exchanges

Correct Answer: Option A


Explanation:
It is a forum for competition authorities of BRICS countries to discuss antitrust issues.

Question #2
The 'Doing Business' report, discontinued in 2021, was published by which entity?
A. IMF
B. WTO
C. World Bank
D. UNCTAD

Correct Answer: Option C


Explanation:
The World Bank published the annual Doing Business report until it was discontinued in 2021 due to data irregularities.

Question #3
The World Bank was established as a result of which conference?
A. Bretton Woods Conference
B. Potsdam Conference
C. San Francisco Conference
D. Yalta Conference

Correct Answer: Option A


Explanation:
The World Bank and IMF were established in 1944 at the Bretton Woods Conference.