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MCQs - 2026-04

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4541.
Which of the following countries was NOT part of the original BRICS before the 2026 expansion?
A India
B South Africa
C Egypt
D China
4542.
What other economic aspect was discussed in relation to BRICS?
A Increased reliance on the US dollar
B Potential for increased intra-BRICS trade and investment
C Reduced focus on sustainable development
D Protectionist trade policies against non-BRICS nations
4543.
What is a potential benefit for developing nations from the strengthened NDB?
A Increased debt burdens
B Greater flexibility and access to capital
C Reduced trade opportunities
D Limited technological advancement
4544.
The expansion of BRICS and the NDB's role are seen as a move towards:
A A unipolar global economic system
B A more multipolar global financial architecture
C Increased dominance of Western financial institutions
D A global economic recession
4545.
What is the NDB's role in relation to the World Bank and IMF?
A It aims to replace them entirely
B It provides alternative financing mechanisms
C It collaborates exclusively with them on all projects
D It is subordinate to their directives
4546.
How much has the NDB approved in loans for various projects since its inception?
A Over $10 billion
B Over $20 billion
C Over $30 billion
D Over $40 billion
4547.
What are the key focus areas for the NDB's funding?
A Fossil fuel extraction and military technology
B Green infrastructure, renewable energy, and digital connectivity
C Luxury tourism and entertainment industries
D Traditional manufacturing and heavy industry
4548.
Which countries are mentioned as leading the capital infusion into the NDB?
A Brazil and South Africa
B Russia and India
C China and India
D Egypt and Ethiopia
4549.
What is the planned increase in the NDB's capital base over the next five years?
A $50 billion
B $75 billion
C $100 billion
D $150 billion
4550.
What is the primary mandate of the New Development Bank (NDB) in the context of BRICS expansion?
A To regulate international trade
B To provide alternative financing for infrastructure and sustainable projects
C To manage global currency reserves
D To coordinate space exploration missions