GENERAL KNOWLEDGE

Detailed explanation-1: -What Is the Group of Seven (G-7)? 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.

Detailed explanation-2: -India has been invited to attend this important summit even though it is not part of the G7 coalition. The G7 is a group of seven of the most industrialized nations in the world. The Group of Seven (G7) is a group consisting of Canada, France, Germany, Italy, Japan, the United Kingdom, and the United States.

Detailed explanation-3: -Canada and Italy joined the original G5 (US, Japan, France, West Germany and the UK), who had previously come together earlier in the decade to deal with global economic emergencies such as the collapse of the Bretton Woods agreement and the 1973 oil crisis.