International Current Affairs MCQs - 2026-10-11

The UN Security Council's primary function is to address geopolitical crises and potential conflicts that threaten international peace and security. Discussions on escalating tensions in Eastern Europe directly fall under this mandate.

Under Chapter VII of the UN Charter, the Security Council can impose sanctions (economic, arms embargoes, etc.) on states or entities to maintain or restore international peace and security. Declaring war or redrawing borders are not within its direct powers.

The primary responsibility of the UN Security Council, as outlined in the UN Charter, is to maintain international peace and security. This includes investigating disputes, recommending settlement terms, and taking enforcement action when necessary.

The G7 member countries are Canada, France, Germany, Italy, Japan, the United Kingdom, and the United States. India is a member of the G20, which also plays a role in global economic discussions, but not the G7.

The primary goal of the G7's global tax reform framework is to combat tax avoidance and evasion by multinational corporations, ensuring they contribute fairly to public finances in the countries where they operate.

The landmark global tax reform framework, agreed upon by G7 nations and further developed in subsequent years, includes a global minimum corporate tax rate of 15%. This aims to prevent a 'race to the bottom' in corporate taxation and ensure companies pay taxes where they generate profits.