Q. With reference to the Group of Seven (G7), consider the following statements:
1.The G7 was formed in response to the global financial crisis of 2008.
2.The European Union is a participant in G7 summits.
3.India is a permanent member of the G7.
Which of the statements given above is/are correct?
Answer: C
Notes:
Explanation:
Statement 1 is incorrect: The G7 was founded in 1975 in response to the oil crisis, not the 2008 global financial crisis.
Statement 2 is correct: The European Union participates in G7 summits, although it is not a formal member.
Statement 3 is incorrect: India is not a permanent member of the G7, though it is occasionally invited as a guest.
Source- HT
Discover more from Free UPSC IAS Preparation Syllabus and Materials For Aspirants
Subscribe to get the latest posts sent to your email.