Free Global Economy MCQs with Answers
448 Global Economy MCQs from International Current Affairs, each with the correct answer and a written explanation of why it is correct. Free and unlimited, with no account needed.
Global economy covers growth, inflation, interest rates, exchange rates, public debt, trade and employment across major economies. It also includes the work of the IMF, World Bank, WTO and central banks, along with oil and commodity prices, supply-chain disruptions, sanctions, trade agreements and the economic effects of international crises.
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448 questions · page 13 of 23
- A. Poland
- B. Ireland
- C. Iceland
- D. Pakistan
Explanation: Google announced an investment of up to $2 billion in a cloud-computing data hub in Poland.
Correct answer: Poland- A. China
- B. Singapore
- C. Japan
- D. None of these
Explanation: Singapore ranked first in the 2020 IMD World Competitiveness Ranking, which assesses factors such as economic performance, government…
Correct answer: Singapore- A. Pakistan
- B. Bangladesh
- C. Afghanistan
- D. Nepal
Explanation: China announced tariff exemptions covering 97% of imports from Bangladesh, improving access for Bangladeshi products to the Chinese…
Correct answer: Bangladesh- A. Cities, Communities and Countries
- B. Remittances are a lifeline
- C. Family Remittance matters
- D. Household economies
Explanation: The 2020 theme, “Remittances are a lifeline,” highlighted how money sent home by migrant workers supports families, especially during the…
Correct answer: Remittances are a lifeline- A. Norway
- B. Finland
- C. Italy
- D. United Kingdom
Explanation: The United Kingdom announced its Jet Zero plan to achieve net-zero aviation emissions, including through cleaner fuels and new aircraft…
Correct answer: United Kingdom- A. Russia
- B. USA
- C. Saudi Arabia
- D. Iran
Explanation: The United States is the world’s largest producer of shale gas, chiefly because of extensive hydraulic fracturing and horizontal drilling.
Correct answer: USA- A. Mumbai
- B. Hong Kong
- C. Paris
- D. None of these
Explanation: Hong Kong ranked as the most expensive city for expatriates in the 2020 Mercer cost-of-living survey.
Correct answer: Hong Kong- A. Denmark
- B. China
- C. Finland
- D. Singapore
Explanation: Denmark ranked first in the 2020 Environmental Performance Index, which compares countries on areas such as environmental health and…
Correct answer: Denmark- A. 169th
- B. 170th
- C. 120th
- D. 142nd
Explanation: Pakistan stood at 142nd place in the 2020 EPI. The index evaluates environmental performance, not a country's overall economic or…
Correct answer: 142nd- A. Amazon
- B. Twitter
- C. Facebook
- D. Samsung
Explanation: Patrick Pichette, formerly Google's chief financial officer, became chairman of Twitter's board.
Correct answer: Twitter- A. Twitter
- B. Reddit
- C. Waymo
- D. Telegram
Explanation: Alexis Ohanian, a co-founder of Reddit, resigned from the company’s board in 2020 and asked that a Black candidate take his seat.
Correct answer: Reddit- A. Moscow
- B. New York
- C. San Francisco Bay
- D. Islamabad
Explanation: The 2020 Startup Ecosystem Rankings placed the San Francisco Bay Area first, reflecting the strength of Silicon Valley’s investment…
Correct answer: San Francisco Bay- A. Fusarium wilt TR3
- B. Fusarium wilt TR4
- C. Fusarium wilt TR2
- D. Fusarium wilt TR1
Explanation: Tropical Race 4, or Fusarium wilt TR4, is a fungal disease that attacks banana plants, especially the Cavendish variety.
Correct answer: Fusarium wilt TR4254. The Global Consortium for Digital Currency Governance was recently announced by which organisation?
- A. World Bank
- B. World Economic Forum
- C. International Monetary Fund
- D. World Trade Organisation
Explanation: The World Economic Forum announced the Global Consortium for Digital Currency Governance to encourage cooperation on digital currencies…
Correct answer: World Economic Forum- A. 25000
- B. 27000
- C. 35000
- D. 37000
Explanation: Facebook’s 2Africa project was planned as a roughly 37,000-kilometre undersea cable linking Africa with Europe and the Middle East.
Correct answer: 37000- A. Roman
- B. sian
- C. Bron
- D. Toman
Explanation: Iran’s traditional currency name is the toman, although the rial remained the official legal currency at the time of this question.
Correct answer: Toman- A. Global Food Insecurity
- B. Global Network Against Food Crisis
- C. Food and Agriculture organisation
- D. Global Fight Against Hunger
Explanation: The GRFC is produced by the Global Network Against Food Crises, a partnership that includes agencies such as FAO and WFP.
Correct answer: Global Network Against Food Crisis- A. Norway
- B. Denmark
- C. New-Zealand
- D. Singapore
Explanation: New Zealand ranked first in the 2019 Open Budget Survey, reflecting strong public access to budget information and opportunities for…
Correct answer: New-Zealand- A. $1817 Billion
- B. $1895 Billion
- C. $1917 Billion
- D. $1927 Billion
Explanation: SIPRI estimated worldwide military expenditure in 2019 at about 1,917 billion US dollars, or roughly 1.9 trillion dollars.
Correct answer: $1917 Billion260. Which actor from Hollywood has launched a new United Nations fund to help farmers in poorer nations?
- A. Leonardo Dicaprio
- B. Angelina Jolie
- C. Idris Elba
- D. Robert Downey Jr
Explanation: Idris Elba, an actor and UN Goodwill Ambassador for IFAD, helped launch a fund supporting small-scale farmers in poorer countries.
Correct answer: Idris Elba