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MCQs - 2026-03

2921.
When did the BRICS expansion officially take effect?
A January 1, 2025
B January 1, 2026
C July 1, 2026
D December 31, 2025
2922.
The BRICS expansion is seen as a step towards what kind of world order?
A Unipolar
B Bipolar
C Multipolar
D Hegemonic
2923.
Which of the following countries was NOT among the new members joining BRICS in 2026?
A Saudi Arabia
B United Arab Emirates
C Argentina
D Ethiopia
2924.
What is a potential challenge presented by the BRICS expansion?
A Coordinating diverse economic policies and managing differing geopolitical interests
B Lack of interest from new member states
C Over-reliance on a single currency
D Reduced opportunities for trade
2925.
In which areas are BRICS member states exploring joint initiatives, besides economic cooperation?
A Agriculture and tourism
B Technology, space exploration, and energy security
C Healthcare and education
D Manufacturing and textiles
2926.
Which institution established by BRICS nations is expected to play a crucial role in financing projects within the expanded bloc?
A World Bank
B International Monetary Fund
C New Development Bank (NDB)
D Asian Infrastructure Investment Bank (AIIB)
2927.
What is being explored by BRICS nations to reduce reliance on the US dollar?
A A common BRICS stock exchange
B A common BRICS currency or a more robust payment system
C Increased reliance on the Euro
D A global cryptocurrency backed by BRICS
2928.
What is a primary objective of the BRICS expansion?
A To reduce global trade
B To promote a more equitable global financial architecture
C To strengthen the dominance of Western economies
D To limit investment in developing countries
2929.
How many nations are in the BRICS bloc after the latest expansion?
A 7
B 8
C 9
D 10
2930.
Which of the following countries were among the new members that joined BRICS on January 1, 2026?
A Nigeria, Argentina, Indonesia
B Egypt, Ethiopia, Iran
C Turkey, Mexico, South Korea
D Pakistan, Bangladesh, Sri Lanka