International Current Affairs MCQs

Intellectual property rights, including Geographical Indications (GI) tags, are a significant part of trade negotiations between India and the EU.

An FTA is an agreement between two or more countries to reduce or eliminate trade barriers such as tariffs and quotas to facilitate trade.

The G7 was formed in 1975 as an informal forum for the world's leading industrialized democracies to discuss economic and financial issues.

Climate finance refers to local, national, or transnational financing that seeks to support mitigation and adaptation actions that will address climate change.

The G7 members are Canada, France, Germany, Italy, Japan, the UK, and the US. India is not a member.

The five permanent members of the UN Security Council possess veto power, allowing them to block any substantive resolution.

The UN Security Council consists of 15 members: 5 permanent members (China, France, Russia, UK, US) and 10 non-permanent members.

The UN Security Council has the primary responsibility under the UN Charter for the maintenance of international peace and security.

Hosting the G7 Summit gives the host country, in this case Italy, a platform to influence global policy discussions and lead efforts on pressing international issues like global stability.

Global stability encompasses a wide range of issues including geopolitical tensions, ensuring economic resilience against shocks, and securing global supply chains, which are expected to be central to the 2026 G7 agenda.