About this Study Set
This study set covers BRICS through
12 practice questions.
A comprehensive set of challenging multiple-choice questions covering recent political events and economic shifts within the BRICS nations, focusing on major developments in the last 30 days. Every question includes the correct answer so you can learn as you go — pick any format above to get started.
Questions & Answers
Browse all 12 questions from the
BRICS Nations: Key Political Developments and Economic Shifts in the Last 30 Days study set below.
Each question shows the correct answer — select a study format above to practice interactively.
1
What was a significant outcome of the BRICS Foreign Ministers' meeting held in New Delhi in mid-May 2026, chaired by India?
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A
The meeting concluded with a unanimous joint statement on global economic stability.
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B
A new inter-BRICS trade agreement was signed, eliminating all tariffs among member nations.
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C
The meeting ended without a joint statement due to divisions over Iran and West Asia tensions, with India issuing a chair's statement instead.
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D
Ministers agreed to launch a common BRICS digital currency by the end of 2026.
2
Which of the following New Development Bank (NDB) projects, approved in April/May 2024, aligns with China's national strategy to promote sustainable development and green finance?
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A
A loan to finance a new bridge in Guwahati, India.
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B
A loan to the Bank of Huzhou, China, for sustainable infrastructure projects in Zhejiang Province.
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C
Financing for housing units in South Africa.
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D
A loan for a liquefied natural gas (LNG) transportation project.
3
During Russia's 2024 BRICS presidency, what was a key focus for strengthening multilateralism and achieving 'Just Global Development and Security,' as highlighted in the June 2024 Joint Statement of BRICS Ministers of Foreign Affairs?
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A
Developing a unified BRICS military strategy.
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B
Promoting a comprehensive reform of the United Nations, including its Security Council, and ensuring greater participation of developing countries in global decision-making.
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C
Establishing a common BRICS environmental protection agency to enforce global climate regulations.
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D
Creating a BRICS-exclusive space exploration program.
4
What did the Kazan Declaration, adopted at the 16th BRICS Summit in October 2024, emphasize regarding the situation in Ukraine?
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A
Full support for Ukraine's immediate accession to NATO.
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B
An endorsement of Russia's territorial claims in eastern Ukraine.
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C
Emphasis on adherence to the UN Charter and support for diplomatic efforts to end the war through dialogue.
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D
A call for the immediate withdrawal of all foreign military presence from Ukrainian territory.
5
In May 2024, the BRICS Anti-Drug Working Group Meeting in Moscow focused on tackling which specific criminal misuse of information and communication technologies?
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A
The use of social media for spreading disinformation about drug addiction.
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B
The criminal misuse of ICT for drug trafficking and laundering proceeds of drug-related crime.
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C
Using dark web marketplaces for the sale of prescription drugs.
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D
The use of AI for predicting drug trafficking routes.
6
Which of the following initiatives was discussed as a potential alternative to the Western interbank system SWIFT at the 16th BRICS Summit in Kazan, Russia?
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A
A BRICS-backed cryptocurrency exchange.
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B
The establishment of a BRICS Pay system designed to facilitate transactions and financial information exchange between central banks.
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C
A direct barter system for essential commodities among member states.
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D
A decentralized autonomous organization (DAO) for interbank settlements.
7
What was a key outcome of the New Development Bank (NDB) and the Bank of Huzhou (BOH) loan agreement signed on May 28, 2024, for sustainable infrastructure development in Zhejiang Province, China?
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A
It marked the NDB's first sovereign loan provided in China.
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B
It was the first non-sovereign loan provided by NDB in China, focusing on clean energy, transportation, and water/sanitation projects.
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C
The agreement aimed to finance the construction of a new high-speed rail network connecting major Chinese cities.
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D
It represented a significant shift in NDB's funding priorities towards military infrastructure.
8
According to the 'BRICS+ represents 45% of the world population and 28% of global GDP' comparison with the G7, what does this expansion signify for the bloc's global standing?
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A
It indicates that BRICS+ has a larger global GDP than the G7.
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B
It highlights the expanding economic and demographic influence of the BRICS bloc relative to the G7.
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C
It suggests that BRICS+ has a similar population size to the G7.
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D
It implies that the G7's global influence has significantly diminished.
9
What is a primary strategic goal for China within the expanded BRICS, as outlined by analyses of its role in shaping the bloc?
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A
To solely focus on promoting the Chinese Yuan as the dominant global reserve currency.
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B
To create an influential 'Chinese-led bloc' that challenges Western dominance and promotes a multipolar world order, leveraging its economic power.
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C
To withdraw from the New Development Bank (NDB) to reduce financial commitments.
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D
To actively undermine the economic stability of India and Brazil.
10
During the 16th BRICS Summit in Kazan, Russia, what was proposed regarding inter-BRICS financial transactions and alternatives to existing systems?
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A
A plan to phase out all national currencies in favor of a single BRICS digital currency by 2027.
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B
The creation of a BRICS blockchain-based payment system, the 'BRICS Bridge,' to connect member states' financial systems and facilitate settlements in central bank digital currencies.
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C
An agreement to exclusively use the US Dollar for all inter-BRICS trade to ensure stability.
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D
The establishment of a joint BRICS stock market to facilitate cross-border investment.
11
What does the 'Kazan Declaration' of the 16th BRICS Summit indicate about the member states' stance on global governance reform?
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A
A rejection of the United Nations and a call for its dissolution.
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B
Endorsement of reform for the UN and its Security Council, and support for the full participation of the State of Palestine, contingent on a two-state solution.
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C
A proposal to replace the UN with a new BRICS-led global governance body.
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D
A call for the immediate abolition of international law.
12
Following the 2024 BRICS+ summit, what significant domestic political shift in South Africa could influence its foreign policy decisions, particularly regarding its engagement with BRICS?
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A
The ruling ANC party securing an absolute majority, allowing for unilateral policy decisions.
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B
The ANC losing its majority and forming a coalition government with the West-leaning Democratic Alliance, potentially demanding more accountability on contentious issues like BRICS expansion.
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C
The election of a new president with a strong anti-BRICS mandate.
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D
A constitutional amendment restricting South Africa's participation in international blocs.
