Free Global Economy MCQs with Answers

• A. March 14
• B. March 15
• C. March 16
• D. March 20

Explanation: World Consumer Rights Day is observed on 15 March, commemorating the consumer rights principles associated with President John F.

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

Explanation: Germany agreed to phase out coal-fired power generation by 2038 as part of its energy-transition policy.

• A. Samsung
• B. Hawaii
• C. ZTE
• D. Nokia

Explanation: Nokia and Saudi Telecom Company signed an agreement to deploy a 5G network with end-to-end solutions in Saudi Arabia.

• A. 1981
• B. 1989
• C. 1991
• D. 1995

Explanation: The Financial Action Task Force was created in 1989 at the G7 summit in Paris to combat money laundering.

• A. 1 year
• B. 2 years
• C. 3 years
• D. 4 years

Explanation: At the time this question was framed, the FATF presidency rotated on a one-year basis among member countries.

• A. France
• B. Germany
• C. Denmark
• D. Cuba

Explanation: Germany adopted a national strategy aimed at halving food waste by 2030, in line with the UN Sustainable Development Goal target.

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

Explanation: China has studied plans for a space-based solar power station in geostationary orbit, about 36,000 kilometres above Earth.

• A. India
• B. Pakistan
• C. Bangladesh
• D. Afghanistan

Explanation: Japan announced a grant of about $10.6 million to Pakistan to support efforts against malnutrition.

• A. Jeff Bezos
• B. Kylie Jenner
• C. Jim Ratcliffe
• D. Mark Zuckerberg

Explanation: Forbes named Kylie Jenner the world's youngest self-made billionaire in its 2019 list, largely because of her cosmetics business.

• A. $45 billions
• B. $ 25 billions
• C. $ 30 billion
• D. $ 50 billions

Explanation: Contemporary estimates commonly placed the United States' annual Afghanistan war expenditure at about 45 billion dollars.

• A. Poland
• B. Romania
• C. Hungry
• D. China

Explanation: Hungary announced a lifetime personal-income-tax exemption for women who have four or more children as part of its pro-family policy.

• A. JP Morgan Chase & Co.
• B. Wells Fargo
• C. John Meachel
• D. Goldman Sachs

Explanation: JPMorgan Chase launched JPM Coin, making it the first major US bank to introduce its own cryptocurrency for institutional payments.

• A. UNESCO
• B. International Labour Organization
• C. IMF
• D. UNO

Explanation: The International Labour Organization publishes the World Employment and Social Outlook Trends report, which analyses global jobs…

• A. Iran
• B. Pakistan
• C. Saudi Arabia
• D. Qatar

Explanation: The European Commission added Saudi Arabia to its proposed list of high-risk countries associated with money laundering and terrorist…

• A. after the Pulwama attack
• B. after KSA investment in PAK
• C. due to spy Kalbhoshan
• D. CPEC & China financial support

Explanation: India withdrew Pakistan’s Most Favoured Nation treatment after the February 2019 Pulwama terrorist attack.

• A. 1995
• B. 1996
• C. 1997
• D. 1998

Explanation: India granted Pakistan Most Favoured Nation status in 1996 under the World Trade Organization framework.

• A. New Delhi
• B. Texas
• C. Gawadar
• D. AJK

Explanation: Qatar Petroleum and ExxonMobil announced the proposed Golden Pass LNG export facility in Texas, United States, with an estimated cost of…

• A. Red
• B. Caspian
• C. Black
• D. None of These

Explanation: TurkStream carries Russian natural gas beneath the Black Sea to Turkey and onward toward Europe.

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

Explanation: Saudi Arabia launched its Saudi Geostationary Satellite 1, a communications satellite, in February 2019.

• A. South Africa
• B. Italy
• C. Netherlands
• D. Brazil

Explanation: The Africa Centre for Climate and Sustainable Development was launched in Italy through cooperation involving Italy and African partners.