International Affairs MCQs

111.

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

112.

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

113.

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

114.

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

115.

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

116.

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

117.

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

118.

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

119.

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

120.

Which of the following countries are part of the expanded BRICS bloc as of March 2026?

A Only Brazil, Russia, India, China, and South Africa

B Brazil, Russia, India, China, South Africa, Egypt, Ethiopia, Iran, Saudi Arabia, and the UAE

C Brazil, Russia, India, China, South Africa, and Mexico

D Brazil, Russia, India, China, South Africa, and Nigeria

International Current Affairs MCQs - 2026-04-01