Political Science · International Relations
UGC NET December 2019 Political Science
Arrange the following institutions/organisations in chronological order. Choose the correct option from below.
- 1. BRICS Development Bank
- 2. IBSA
- 3. G-7
- 4. G-20
A3, 4, 2 and 1 ✓ Correct
B1, 2, 3 and 4
C2, 3, 4 and 1
D4, 3, 2 and 1
Correct answer: (A) 3, 4, 2 and 1 — The correct order is 3, 4, 2 and 1.
Explanation
★The correct order is 3, 4, 2 and 1.
★The G-7 was formed in the mid-1970s, the earliest.
★The G-20 was founded in 1999.
★IBSA, linking India, Brazil and South Africa, began in 2003.
★The BRICS Development Bank, the New Development Bank, was set up in 2014, the latest.
★These bodies reflect the rise of emerging-economy cooperation.
★So the sequence runs from the G-7 to the BRICS bank.
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