Target Exam

CUET

Subject

Political Science

Chapter

Contemporary World Politics: Contemporary Centres of power

Question:

Read the passage and answer the question:

Japan has very few natural resources and imports most of its raw materials. Even then it progressed rapidly after the end of the Second World War. Japan became a member of the Organisation for Economic Cooperation and Development (OECD) in 1964. In 2017, it is the third largest economy in the world. It is the only Asian member of the G-7. It is the eleventh most populous nation in the world. Japan is the only nation that suffered the destruction caused by nuclear bombs. It is the second largest contributor to the regular budget of the UN, contributing almost 10 per cent of the total. Japan has a security alliance with the US since 1951.

Which of the following is the largest economy in the world?

Options:

United Kingdom

United States of America

China

Japan

Correct Answer:

United States of America

Explanation:

The correct answer is Option 2 - United States of America

United States of America is the largest economy in the world.

China is projected to overtake the US as the world’s largest economy by 2040.