MCQs - 2026-05

A PMI reading above 50 indicates an expansion in manufacturing activity compared to the previous month, while a reading below 50 suggests a contraction.

The PMI is a key economic indicator that provides insights into the health of the manufacturing sector. It is based on surveys of purchasing managers in various industries.

The IMF's primary mission is to ensure the stability of the international monetary system, which includes promoting international monetary cooperation and financial stability.

The WEO provides a comprehensive analysis of the global economic situation, including forecasts for growth, inflation, and trade.

The World Economic Outlook (WEO) is a survey by the IMF staff usually published twice a year, in the spring and fall.

The World Health Assembly typically convenes annually in Geneva, Switzerland, usually in May.

The World Health Assembly determines the policies of the Organization, supervises financial policies, and reviews and approves the proposed programme budget.

The World Health Assembly is the supreme decision-making body of the World Health Organization (WHO).

As per the topic, the G7 Summit focuses on global economic stability and geopolitical challenges, reflecting its role as a forum for major industrialized democracies.

The G7 consists of Canada, France, Germany, Italy, Japan, the United Kingdom, and the United States. Russia was part of the G8 but was suspended in 2014.