Match the items given in column I with those in column II and select the correct option.

Matrix:

Column I

Column II
(a)
G - 77
(i)
Germany, Japan and Italy
(b)
IMF
(ii)
Group of developing countries
(c)
Axis power
(iii)
USA
(d)
Veto power
(iv)
Bretton Woods

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a-i; b-ii; c-iv; d-iii

a-ii; b-iv; c-i; d-iii

a-i; b-iii; c-iv; d-ii

a-iv; b-ii; c-i; d-iii

answer is B.

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Detailed Solution

1) G-77 is a coalition of developing nations which were former colonies. The group of seventy-seven demanded NIEO (new international economic organisation).
2) IMF (international monetary fund) was one of the institutions established by Bretton Woods in 1944. The main aim of the IMF was to deal with external surpluses and economic shortages in its member nations.
3) The Axis power was one of the groups of World War II. Germany, Japan and Italy are members of the Axis power.
4) Veto power is the power related to the U.S.A. The veto is the President's ability to reject a bill or joint resolution and block its passage into law. A law enacted by Congress must be signed by the President within ten days, excluding Sundays.

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