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 9 of 23
- A. Sudan
- B. Burundi
- C. Mauritania
- D. None of these
Explanation: Burundi was identified as the world’s poorest country by GDP per capita in commonly cited 2021 international estimates.
Correct answer: Burundi- A. Indonesia
- B. Kenya
- C. Nigeria
- D. None of these
Explanation: Indonesia topped the Charities Aid Foundation’s World Giving Index 2021, reflecting strong public participation in helping strangers…
Correct answer: Indonesia- A. U.S.A
- B. India
- C. China
- D. Canada
Explanation: China has generally had the world’s largest smartphone-user population because of its very large overall population and extensive mobile…
Correct answer: China- A. Jeff Bozes
- B. Bill Gates
- C. Jack maa
- D. None of these
Explanation: Jeff Bezos travelled to space on 20 July 2021 aboard Blue Origin’s New Shepard, making a brief suborbital flight.
Correct answer: Jeff Bozes- A. Russia
- B. Japan
- C. China
- D. US
Explanation: China launched the world’s largest national carbon emissions trading market in July 2021.
Correct answer: China- A. China
- B. Israel
- C. UK
- D. Pakistan
Explanation: The United Kingdom exported apples to India for the first time in about 50 years.
Correct answer: UK- A. Big best boost world
- B. Big better back world
- C. Build Back better world
- D. None of these
Explanation: B3W stands for Build Back Better World, the G7’s proposed infrastructure initiative intended to provide an alternative to China’s Belt and…
Correct answer: Build Back better world- A. 25Km
- B. 45Km
- C. 65Km
- D. None of above
Explanation: Kanal Istanbul is planned as an approximately 45-kilometre artificial waterway.
Correct answer: 45Km- A. $15Billion
- B. $25Billion
- C. $35Billion
- D. None of these
Explanation: The estimated cost commonly reported for Kanal Istanbul was about 15 billion US dollars.
Correct answer: $15Billion- A. Black Sea & Red Sea
- B. Mediterranean Sea & Black Sea
- C. Black Sea & Marmara Sea
- D. Mediterranean Sea, Marmara Sea & Black Sea
Explanation: Kanal Istanbul is designed to link the Black Sea to the Sea of Marmara, creating a second artificial route alongside the Bosphorus.
Correct answer: Black Sea & Marmara Sea- A. 23rd June 2021
- B. 26th June 2021
- C. 29th June 2021
- D. None of these
Explanation: President Recep Tayyip Erdogan held the groundbreaking ceremony for Kanal Istanbul on 26 June 2021.
Correct answer: 26th June 2021- A. 2
- B. 4.5
- C. 6
- D. None of these
Explanation: Pakistan obtained a three-year trade-financing facility of 4.5 billion US dollars from the Islamic Trade Finance Corporation.
Correct answer: 4.5- A. G-4
- B. G-7
- C. G-20
- D. G-77
Explanation: The Build Back Better World initiative was launched by the G7. It sought to mobilise infrastructure investment in developing countries as…
Correct answer: G-7- A. Zimbabwe
- B. Botswana
- C. Malawi
- D. Burundi
Explanation: A 1,098-carat diamond was discovered in Botswana in 2021 and was described as the world’s third-largest gem-quality diamond.
Correct answer: Botswana175. Which company has announced to build the longest undersea cable in the world, known as 'Firmina'?
- A. Microsoft
- B. Vodafone
- C. Apple
- D. Google
Explanation: Google announced Firmina, a transatlantic subsea cable linking the United States with Brazil, Uruguay and Argentina.
Correct answer: Google- A. Guatemala
- B. China
- C. El Salvador
- D. Denmark
Explanation: El Salvador became the first country to adopt Bitcoin as legal tender in September 2021 through its Bitcoin Law.
Correct answer: El Salvador- A. Pascal Lamy
- B. Mike Moore
- C. Ngozi Okonjo-Iweala
- D. None of these
Explanation: Ngozi Okonjo-Iweala became the first woman and first African to lead the WTO, taking office in March 2021.
Correct answer: Ngozi Okonjo-Iweala- A. New Zealand
- B. Finland
- C. Switzerland
- D. Iceland
Explanation: New Zealand introduced the world's first law requiring financial institutions to assess and report climate-related risks.
Correct answer: New Zealand- A. U.A.E
- B. Canada
- C. Singapore
- D. United States
Explanation: Singapore built a major floating solar farm at Tengeh Reservoir, part of its strategy to expand renewable energy despite limited land.
Correct answer: Singapore- A. Singapore
- B. China
- C. Norway
- D. Japan
Explanation: Norway planned the Stad Ship Tunnel, designed to allow vessels to bypass the dangerous Stad peninsula.
Correct answer: Norway