Question Banks

Solution

The Group of Seven (G7) is a forum of the world’s seven largest developed economies whose government leaders meet annually to discuss international economic and monetary issues.

G7 countries are— Britain, Canada, France, Germany, Italy, Japan and the United States
The G-7 has its roots in an informal meeting of the finance ministers of France, West Germany, the U.S, Great Britain, and Japan (the Group of Five) in the wake of the 1973 oil crisis.