Topics:
CH-8: COMPARATIVE DEVELOPMENT EXPERIENCES OF INDIA AND ITS NEIGHBOURS, Indian Economic Development, NCERT Books
Economic Groupings Example
Which of the following is NOT mentioned as a regional or global economic grouping?
- SAARC
- BRICS
- NATO — Correct Answer
- G-20
Explanation:
Correct Answer Explanation
NATO is a military alliance, not an economic grouping. The economic groupings mentioned include SAARC, European Union, ASEAN, G-8, G-20, BRICS.
Key Points:
- Nations form these groupings to strengthen domestic economies.
- Developing countries face competition from developed nations and amongst themselves.
Why Other Options Are Wrong
- A, B, D: These are all mentioned as economic groupings.
📚 About this Topic — CH-8: COMPARATIVE DEVELOPMENT EXPERIENCES OF INDIA AND ITS NEIGHBOURS
This multiple choice question is from CH-8: COMPARATIVE DEVELOPMENT EXPERIENCES OF INDIA AND ITS NEIGHBOURS, Indian Economic Development, NCERT Books. It has 4 options with a detailed explanation of the correct answer. Practice more MCQs from CH-8: COMPARATIVE DEVELOPMENT EXPERIENCES OF INDIA AND ITS NEIGHBOURS to strengthen your preparation.
