Q. Consider the following statements:
1.Free market capitalism is founded on the principle of liberty in the economy, with rights for everyone to use their properties as they will. 
2.The G7 countries represent only 15% of the world’s citizens.
3.The Global Solutions Summit is an international conference aimed at keeping the Indo-Pacific region free from Chinese influence.
Which of the statements given above are correct?

[A] 1 and 2 only

[B] 2 and 3 only

[C] 1 and 3 only

[D] 1, 2 and 3

Answer: A
Notes:

Explanation –

Statement 1 and 2 are correct. Free market capitalism is founded on the principle of liberty in the economy, with rights for everyone to use their properties as they will. The G7 countries represent only 15% of the world’s citizens.

Statement 3 is incorrect. The Global Solutions Summit is an international conference aimed at addressing key policy challenges facing the G20 and G7 and other global governance fora.

Source: ForumIAS

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