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General Knowledge · Q352

Practice

Competitive Exams · General Knowledge · question 352

Q352

The main purpose of the Group of 77 was

A.
sustained economic growth
B.
to promote African unity and solidarity
C.
to defend the economic and trade interests of the developing nations of the world
Answer
D.
None of the above

Answer: Option C

Solution

Answer: Option C
Solution:
The main purpose of the Group of 77 was to defend the economic and trade interests of the developing nations of the world. The primary goals of the G-77 are to maintain the independence and sovereignty of all developing countries, to defend the economic interests of member countries by insisting on equal standing with developed countries in the global marketplace, to establish a united front on issues of common concern, and to strengthen ties between member countries. Because of the historical significance of the meeting, the name G-77 has been kept despite the group’s growth to include more than 130 countries.