When one is preparing for any competitive examination, one must keep himself updated with the developments around the world. In today’s scenario the major concern of any nation is its economy. And any development that is sure to affect the world economy is a must about which one should know. OPEC (Organisation of Petroleum Exporting Countries) was recently in news when one of its oldest members Qatar decided to exit the group.
In this section we will be studying about various developments that led to this historic decision, the political and economic situations that forced Qatar to reach the decision of Qexit and what will be the effect of this on the world economy.
All these aspects make this news of great importance with regard to competitive exams.