Free Global Economy MCQs with Answers

• A. China
• B. India
• C. USA
• D. None

Explanation: The United States stopped a reported 12-million-dollar funding arrangement for the World Wide Fund for Nature, commonly called WWF.

• A. Dubai Tower
• B. Creek Tower
• C. UAE Tower
• D. Arab Tower

Explanation: Dubai Creek Tower was planned as a landmark taller than the Burj Khalifa, although its construction and completion timeline later became…

• A. Switzerland
• B. China
• C. USA
• D. Japan

Explanation: Japan ranked first in the 2020 Global Climate Risk Index, which assessed the countries most affected by extreme weather over the preceding…

• A. 9 billion
• B. 7 billion
• C. 6 billion
• D. 8 billion

Explanation: The UN estimate for 2020 was about 7.8 billion people, so 8 billion is the closest option. The 9-billion milestone had not yet been reached.

• A. Saudi Arabia
• B. UAE
• C. Qatar
• D. None of these

Explanation: The UAE introduced legislation requiring equal pay for men and women performing the same work in the private sector.

• A. 28th September
• B. 27th September
• C. 22nd September
• D. 29th September

Explanation: The UN-designated International Day of Awareness of Food Loss and Waste is observed on 29 September.

• A. FRANCE
• B. USA
• C. UAE
• D. SAUDI ARABIA

Explanation: Saudi Arabia held the G20 presidency in 2020 and hosted the leaders’ summit virtually in November because of the COVID-19 pandemic.

• A. Black Sea
• B. Red Sea
• C. Baltic Sea
• D. None of these

Explanation: Turkey announced its major natural-gas discovery in the Black Sea in August 2020.

• A. Russia
• B. Turkey
• C. Qatar
• D. Greece

Explanation: Turkey discovered a large natural-gas reserve in the Black Sea in 2020, described at the time as the country’s biggest such discovery.

• A. Google
• B. Apple Inc.
• C. Samsung
• D. Oppo

Explanation: Apple removed nearly 29,800 apps from its Chinese App Store in response to tighter licensing requirements, including more than 26,000…

• A. Spain
• B. Saudi Arabia
• C. Usa
• D. France

Explanation: SABIC's polycarbonate facility in Cartagena, Spain, was planned to use renewable power for all its operations.

• A. Myanmar
• B. Sri Lanka
• C. India
• D. Bangladesh

Explanation: India recorded the largest reduction in multidimensional poverty among the countries covered by the UNDP and OPHI report, with hundreds of…

• A. Saudi Arabia
• B. UAE
• C. Bahrain
• D. Qatar

Explanation: The United Arab Emirates became the first Arab country to produce nuclear energy when the Barakah nuclear plant began operating.

• A. Samsung
• B. Apple
• C. Oppo
• D. Huawei

Explanation: Huawei overtook Samsung as the world’s largest smartphone seller in the second quarter of 2020, according to market research reports.

• A. Iran
• B. Kazakhstan
• C. Turkmenistan
• D. Uzbekistan

Explanation: Turkmenistan became the WTO’s 25th observer country in July 2020. Observer status is an initial step toward possible WTO membership and is…

• A. Japan
• B. Kenya
• C. Sydney
• D. China

Explanation: Alphabet's Loon project began its first commercial internet service in Kenya using high-altitude balloons.

• A. 37
• B. 54
• C. 73
• D. None of these

Explanation: Pakistan was placed 73rd in JLL's 2020 Global Real Estate Transparency Index.

• A. Pakistan
• B. India
• C. South Africa
• D. Bangladesh

Explanation: Google announced a $10 billion investment and digitisation fund for India, covering digital infrastructure, education and technology.

• A. United Nations
• B. World Bank
• C. G 20
• D. World Economic Forum

Explanation: The United Nations launched the Alliance for Poverty Eradication as COVID-19 threatened to push millions more people into poverty.

• A. Zheng Hai
• B. Pony Ma
• C. Le Xin
• D. Bang Won

Explanation: Pony Ma, founder of Tencent and also known as Ma Huateng, briefly became China’s richest person in June 2020, overtaking Jack Ma in wealth…