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The MCQs below are drawn from the Business Administration subject category.
Showing 11121–11130
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11121
Which country is the world's largest **total consumer of electricity** (in Terawatt-hours, TWh) as of recent 2024 data?
China is the largest consumer of electricity globally by a wide margin, with its consumption (over $10,000$ TWh in 2024 forecasts) driven by its massive manufacturing sector and large population. It accounts for roughly one-third of global electricity use.
11122
Approximately what percentage of the world's population is estimated to be using the Internet in 2024?
The International Telecommunication Union (ITU) estimated that approximately $5.5$ billion people, or about $68\%$ of the world's population, are using the Internet in 2024. This highlights the growing, though still uneven, global connectivity.
11123
According to the IMF’s 2024 forecast, what is the approximate global headline inflation rate expected to be for the year?
The International Monetary Fund (IMF) projected in its late-2024 outlook that global headline inflation is forecast to decline steadily to approximately $5.9\%$ in 2024, down from higher rates in 2023, reflecting global monetary policy tightening.
11124
Which country transitioned from being the world's most populous to the second most populous nation in 2023-2024?
**China** was surpassed by India in 2023/2024 to become the world's second most populous nation. This shift is primarily due to China's decades of low fertility rates and India's continued population growth.
11125
What is the approximate annual growth rate of the world population?
The world population growth rate has significantly slowed and is now **below 1.0%** annually (around 0.87% in 2024). This slowing rate is primarily due to declining fertility rates in most regions.
11126
The global average life expectancy at birth is approximately what number (as of 2024)?
The worldwide average life expectancy at birth for the total population stands at approximately **73 years** (with some variations by source and exact year, often quoted as 73.3 years in 2024). This figure is significantly higher than a century ago, reflecting advances in global health.
11127
As of recent estimates (2024), which country has the largest Gross Domestic Product (GDP) by nominal value?
The **United States** maintains its position as the world's largest economy by nominal GDP (approximately $25.43 trillion as of 2024 estimates), followed by China in second place. GDP is the total monetary value of all finished goods and services made within a country during a specific period.
11128
Approximately what is the current world population (as of 2024)?
The global population reached approximately **8.2 billion** people in 2024, continuing its growth trajectory, although the annual growth rate has slowed down over the past decades. The 7 billion mark was crossed around 2011.
11129
The term **Gross National Income (GNI)** is different from GDP because it includes:
GNI is the total income earned by a nation's people and businesses, regardless of where the income is earned, contrasting with GDP, which measures production within a country's borders.
11130
What is the approximate current population of the world (as of late 2023/early 2024)?