International Events


  1. Which among the following countries is facing debt crisis?
    1. China
    2. Canada
    3. Germany
    4. Greece

  1. View Hint View Answer Discuss in Forum

    Greece faced sovereign debt crisis in the aftermath of the financial crisis of 2007–08. The crisis started in late 2009, triggered by the turmoil of the Great Recession, structural weaknesses in the Greek economy, and revelations that previous data on government debt levels and deficits had been undercounted by the Greek government. The country required bailout loans in 2010, 2012, and 2015 from the International Monetary Fund, Eurogroup, and European Central Bank

    Correct Option: D

    Greece faced sovereign debt crisis in the aftermath of the financial crisis of 2007–08. The crisis started in late 2009, triggered by the turmoil of the Great Recession, structural weaknesses in the Greek economy, and revelations that previous data on government debt levels and deficits had been undercounted by the Greek government. The country required bailout loans in 2010, 2012, and 2015 from the International Monetary Fund, Eurogroup, and European Central Bank


  1. G–20 is the Group of Twenty largest economies represented by their
    1. Prime Ministers only
    2. Finance Ministers only
    3. Finance Ministers and Central Bank Governors
    4. Heads of States

  1. View Hint View Answer Discuss in Forum

    The G20 is an international forum for the governments and central bank governors from 20 major economies. It was founded in 1999 with the aim of studying, reviewing, and promoting high-level discussion of policy issues pertaining to the promotion of international financial stability.

    Correct Option: C

    The G20 is an international forum for the governments and central bank governors from 20 major economies. It was founded in 1999 with the aim of studying, reviewing, and promoting high-level discussion of policy issues pertaining to the promotion of international financial stability.



  1. The BRICS New Development Bank (NDB) is headquartered at
    1. Shanghai
    2. New Delhi
    3. Brasilia
    4. Moscow

  1. View Hint View Answer Discuss in Forum

    New Development Bank (NDB), formerly referred to as the BRICS Development Bank,is headquartered in Shanghai, China. NDB is a multilateral development bank established by the BRICS states (Brazil, Russia, India, China and South Africa).

    Correct Option: A

    New Development Bank (NDB), formerly referred to as the BRICS Development Bank,is headquartered in Shanghai, China. NDB is a multilateral development bank established by the BRICS states (Brazil, Russia, India, China and South Africa).


  1. Which of the following countries is not a member of G-8?
    1. USA
    2. UK
    3. Germany
    4. Russia

  1. View Hint View Answer Discuss in Forum

    The G8 was made up of heads of government from Canada, France, Germany, Italy, Japan, the Russian Federation, the United Kingdom and the United States. However, the group, on 24 March 2014, voted to suspend Russia from the organization in response to the country’s annexation of Crimea.

    Correct Option: D

    The G8 was made up of heads of government from Canada, France, Germany, Italy, Japan, the Russian Federation, the United Kingdom and the United States. However, the group, on 24 March 2014, voted to suspend Russia from the organization in response to the country’s annexation of Crimea.



  1. Aung San Suu Kyi is the
    1. Prime Minister of Myanmar
    2. President of Myanmar
    3. Foreign Minister of Myanmar
    4. Home Minister of Myanmar

  1. View Hint View Answer Discuss in Forum

    Aung San Suu Kyithe first woman to serve as Minister of Foreign Affairs of Myanmar, a post she has held since 6 April 2016. She is also the First and incumbent State Counsellor (a role akin to a Prime Minister or a head of government) and Leader of the National League for Democracy in Myanmar.

    Correct Option: C

    Aung San Suu Kyithe first woman to serve as Minister of Foreign Affairs of Myanmar, a post she has held since 6 April 2016. She is also the First and incumbent State Counsellor (a role akin to a Prime Minister or a head of government) and Leader of the National League for Democracy in Myanmar.