Free Global Economy MCQs with Answers

• A. International Monetary Fund
• B. World Bank
• C. Asian Development Bank
• D. None of these

Explanation: The World Bank announced a fast-track package of up to USD 12 billion to help countries respond to the COVID-19 outbreak.

• A. USA
• B. Saudi Arabia
• C. China
• D. Russia

Explanation: China had the largest number of billionaires in the Hurun Global Rich List 2020, ahead of the United States.

• A. America
• B. Japan
• C. Pakistan
• D. Luxembourg

Explanation: Luxembourg became the first country to provide nationwide free public transport in 2020.

• A. Pakistan
• B. China
• C. India
• D. Brazil

Explanation: The U.S. Trade Representative removed India from the list of developing countries eligible for certain preferential treatment under U.S.

• A. India
• B. Pakistan
• C. China
• D. Indonesia

Explanation: China's birth rate fell to its lowest level since the founding of the People's Republic in 1949.

• A. France
• B. Germany
• C. Switzerland
• D. Russia

Explanation: Switzerland issued the tiny gold coin featuring Albert Einstein through Swissmint.

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

Explanation: The United Arab Emirates announced a major natural-gas discovery estimated at up to 80 trillion cubic feet.

• A. Google
• B. Microsoft
• C. Facebook
• D. Instagrame

Explanation: Tangi was a short-form video application launched by Google's experimental Area 120 team.

• A. Russia
• B. Saudi Arabia
• C. China
• D. France

Explanation: China became the second-largest contributor to the UN regular budget after the United States.

• A. yellow sea
• B. black sea
• C. red sea
• D. Arabian sea

Explanation: The Red Sea has been identified as a significant natural source of greenhouse gases, especially carbon dioxide, because of its warm…

• A. USA
• B. Russia
• C. China
• D. Pakistan

Explanation: China is ranked second after the United States among the world’s largest arms producers in the relevant international rankings.

• A. Boeing 777X
• B. Boeing 737 max
• C. Boeing 999X
• D. None of these

Explanation: The Boeing 777X is the world’s largest twin-engine commercial jet. The Boeing 737 MAX is a much smaller aircraft, while Boeing 999X is not…

• A. BAE Systems
• B. Airbus
• C. Boeing
• D. None of these

Explanation: Boeing conducted the maiden flight of its twin-engine 777X aircraft on 25 January 2020.

• A. Nigeria
• B. China
• C. Germany
• D. None of these

Explanation: China held the FATF presidency for the 2019–20 term through Xiangmin Liu.

• A. Germany
• B. China
• C. Nigeria
• D. None of these

Explanation: Germany served as FATF vice-president for the 2019–20 term, with Marcus Pleyer representing it.

• A. Mark brain
• B. John Sam
• C. Allen Walker
• D. James Quincey

Explanation: James Quincey has served as the chairman and chief executive officer of The Coca-Cola Company since 2017.

• A. ROAR
• B. ECO
• C. COIN
• D. NAT

Explanation: ECO was announced as the planned common currency for the West African Monetary Zone and later adopted as the proposed name for the wider…

• A. Human Rights Watch
• B. World Economic Forum
• C. Amnesty International
• D. UN High Commission for Refugees

Explanation: The Global Gender Gap Report 2020 was published by the World Economic Forum, which compares gender disparities in areas such as economic…

• A. Germany
• B. France
• C. Canada
• D. Russia

Explanation: Canada hosted the inaugural test flight of the world’s first fully electric commercial aircraft, a converted seaplane operated by Harbour…

• A. Abu Dhabi
• B. Paris
• C. Dubai
• D. Doha

Explanation: Abu Dhabi was named the world’s leading sports tourism destination at the 2019 World Travel Awards.