G7 Summit 2026 Italy MCQs: Economy, Climate, Security

21.

In the context of the India-ASEAN Strategic Dialogue, what is the current level of partnership between India and ASEAN, which was upgraded in recent years?

A Sectoral Dialogue Partnership

B Comprehensive Strategic Partnership

C Strategic Partnership

D Enhanced Partnership

22.

A key aspect of the G7's focus on climate resilience, as consistently emphasized in recent summits, includes:

A Promoting fossil fuel investments

B Developing early warning systems and adaptation measures

C Reducing aid to climate-vulnerable nations

D Discontinuing renewable energy research

23.

The G7's flagship initiative aimed at mobilizing private capital for quality infrastructure projects in developing countries, often discussed in the context of global infrastructure, is known as:

A Belt and Road Initiative (BRI)

B Partnership for Global Infrastructure and Investment (PGII)

C Global Gateway

D Build Back Better World (B3W)

24.

Which country hosted the G7 Summit that concluded in 2025, with a significant focus on climate resilience and global infrastructure?

A Italy

B Canada

C Japan

D Germany

25.

During the 2026 annual dialogue, India and ASEAN discussed ways to enhance economic cooperation. What is a key strategic objective for India in strengthening its ties with ASEAN?

A To reduce its trade deficit with China.

B To bolster its 'Act East' policy and enhance connectivity in the Indo-Pacific region.

C To gain access to European markets through ASEAN countries.

D To establish a common currency with ASEAN nations.

26.

The annual dialogue between India and ASEAN in 2026 aims to deepen economic ties. Which of the following agreements or frameworks is foundational to this relationship?

A The Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP).

B The ASEAN-India Free Trade Area (AIFTA).

C The North American Free Trade Agreement (NAFTA).

D The European Union's General Data Protection Regulation (GDPR).

27.

In 2026, India and ASEAN held their annual dialogue to strengthen economic cooperation. Which of the following areas is typically a priority for enhancing this cooperation?

A Joint military exercises and defense technology sharing.

B Trade facilitation, digital economy, and sustainable infrastructure development.

C Cultural exchange programs and tourism promotion only.

D Space exploration and satellite technology collaboration.

28.

The UN Security Council resolution on global climate finance adopted in 2026 aims to mobilize resources. Which of the following is a commonly proposed mechanism for such mobilization, often discussed in international forums?

A Increased contributions from non-governmental organizations.

B A combination of public finance, private investment, and innovative financial instruments.

C Debt-for-climate swaps exclusively for developed nations.

D A global lottery system to fund climate initiatives.

29.

Which of the following is a significant challenge often cited in discussions surrounding UN Security Council resolutions on climate finance, particularly in the context of 2026?

A Lack of consensus among permanent members on the urgency of climate action.

B Over-reliance on private sector funding for climate adaptation.

C The resolution's scope being too broad to be effectively implemented.

D Insufficient technological capacity in developing countries.

30.

In 2026, the UN Security Council adopted a resolution concerning global climate finance. Which of the following was a key focus of this resolution?

A Establishing a new international body to manage climate funds.

B Mandating specific emission reduction targets for all member states.

C Enhancing financial support for developing countries to adapt to climate change and transition to clean energy.

D Creating a global carbon tax system.

International Current Affairs MCQs