Explanation

• the G7 ( group of seven) is an Organization of the world's seven largest advanced economies.
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• The G7 is an informal grouping of seven of the world's advanced economies
  
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• The Group of Seven (G-7) is an intergovernmental organization made up of the world's largest developed economies: France, Germany, Italy, Japan, the United States, the United Kingdom, and Canada.
• the (G7) group of seven is an Organization first established in1975 
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• Cornwall, the host G7 Summit 2021, is located in the United Kingdom

The UK, US, Germany, France, Canada, Italy, and Japan make up the G7.




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Explanation

Explanation

The Third United Nations Decade for the Eradication of Poverty (2018–2027) and its inter-agency, system-wide plan of action has been a platform to rally coordinated action for the implementation of the 2030 Agenda for Sustainable Development.

Explanation

The Food and Agriculture Organization of the United Nations is a specialized agency of the United Nations that leads international efforts to defeat hunger and improve nutrition and food security. Its Latin motto, fiat panis, translates to "let there be bread".

It was founded in October 1945.

Explanation

Asia Pacific Economic Cooperation, or APEC, was formed in 1989 in Australia 

The Asia-Pacific Economic Cooperation is an inter-governmental forum for 21 member economies.

Headquarters: Singapore

APEC started in 1989, in response to the growing interdependence of Asia-Pacific economies

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VU CBT FIA PAPER 16-12-2021

Explanation

Amazon was founded by Jeff Bezos from his garage in Bellevue, Washington, on July 5, 1994.

Initially an online marketplace for books, it has expanded into a multitude of product categories, a strategy that has earned it the moniker The Everything Store.

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RY 15-01-2023

Explanation

World Bank established: July, 1944

World Bank established during: Bretton Woods Conference

World Bank Members: 189

World Bank aim: to provide loans and grants for various projects

World Bank headquarters: Washington, USA

Word Bank Partner institutions: IBRO, IDA, IFC, MIGA, ICSID (total five institutions)

Pakistan joined World Bank: 1950

Explanation

IMF: International Monetary Fund

IMF founded: 27 December 1945

IMF headquarters: Washington, USA

IMF total members: 190 (189 UN members 1 Kosovo)

IMF official language: English 

Explanation

115th session of International Olive Council to be held: 8 June 2022

The 19 members of the IOC, representing 44 countries, that signed the International Agreement on Olive Oil and Table Olives 2015 will meet under the chair of Jordan’s Minister of Agriculture.

Explanation

France will hold the Presidency of European Council from January 1, 2022 to June 30, 2022.