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With reference to the G7 countries, consider the following statements:
  1. It is an intergovernmental organization established in 1975.
  2. Russia is a member country of this organisation.
Which of the statements given above is/are correct?
  • a)
    1 Only
  • b)
    2 Only
  • c)
    Both 1 and 2
  • d)
    Neither 1 nor 2
Correct answer is option 'A'. Can you explain this answer?
Most Upvoted Answer
With reference to the G7 countries,consider the following statements: ...
The correct answer is option 'A': 1 Only.

Explanation:
The G7 (Group of Seven) is an intergovernmental organization that was established in 1975. It consists of seven countries, including Canada, France, Germany, Italy, Japan, the United Kingdom, and the United States. These countries are some of the world's largest advanced economies.

Russia, on the other hand, is not a member country of the G7. Russia was initially invited to join the group in 1998, creating the G8. However, in 2014, following Russia's annexation of Crimea, the other members of the G8 suspended Russia's membership. Since then, the group has reverted to being the G7.

Therefore, statement 1 is correct as the G7 was indeed established in 1975. However, statement 2 is incorrect as Russia is not a member country of the G7. Hence, the correct answer is option 'A': 1 Only.
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Community Answer
With reference to the G7 countries,consider the following statements: ...
Recently, the G7 countries pledged to quit fossil fuels faster and urged other countries to follow suit, but failed to agree to any new deadlines on ending polluting power sources like coal.
  • It is an intergovernmental organisation of leading industrialised nations formed in 1975.
  • Member countries: Canada, France, Germany, Italy, Japan, the United Kingdom and the United State.
  • It meets annually to discuss issues such as global economic governanceinternational security, and energy policy.
  • The host of the G7 summit, also known as the presidency, rotates annually among member countries.
  • It was formerly referred to as the G-8 until Russia was suspended from the group in 2014 after annexing Crimea.
  • As of 2022, G7 countries make up 10% of the world’s population, 31% of the global GDP, and 21% of global carbon dioxide emissions.
Hence only statement 1 is correct.
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With reference to the G7 countries,consider the following statements: It is an intergovernmental organization established in 1975. Russia is a member country of this organisation.Which of the statements given above is/are correct?a)1 Onlyb)2 Onlyc)Both 1 and 2d)Neither 1 nor 2Correct answer is option 'A'. Can you explain this answer?
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