Question 1

Which BRICS nation is actively proposing the linking of Central Bank Digital Currencies (CBDCs) to create a cross-border payment system for trade and tourism, with this initiative slated for discussion at the 2026 BRICS summit?

Accepted Answer

India

Question 2

BRICS countries are exploring the creation of a common currency, partly pegged to gold and partly to a basket of their own currencies, leveraging distributed ledger technology. What is a significant concern raised by a potential US President-elect regarding this initiative?

Accepted Answer

A 100% tariff threat on BRICS nations

Question 3

In the energy sector, what contradictory pattern has been observed across BRICS nations in 2025, according to analysis from Global Energy Monitor?

Accepted Answer

Record renewable energy milestones alongside a surge in fossil fuel exploration

Question 4

Which of the following countries has recently settled oil trades in rupees for the first time, indicating a shift in energy transaction currency away from the US dollar?

Accepted Answer

United Arab Emirates and India

Question 5

What is the primary aim of the 'BRICS Bridge' initiative, spearheaded by Russia?

Accepted Answer

To create a cross-border payment system to bypass SWIFT

Question 6

As of early 2026, what is the status of BRICS nations regarding their own specific digital currency?

Accepted Answer

They do not yet have their own specific digital currency, but a blockchain-based payment system is in development

Question 7

Which BRICS member nation is identified as a key driver in the bloc's significant growth in solar electricity generation, contributing a substantial amount of output in 2024?

Accepted Answer

China

Question 8

According to IMF projections for 2025, how does the projected GDP growth rate of BRICS countries compare to the global average?

Accepted Answer

BRICS' GDP growth is projected to exceed the global average

Question 9

What is a notable trend in Foreign Direct Investment (FDI) within BRICS countries since the beginning of the 21st century, according to research?

Accepted Answer

BRICS countries have become significant investment donors, with a stable trend of intra-bloc investment towards the Global South

Question 10

In 2024, BRICS countries accounted for approximately what share of global GDP measured by Purchasing Power Parity (PPP)?

Accepted Answer

Approximately 39%

Question 11

What is the stated goal of the 'BRICS Pay' platform?

Accepted Answer

To enable B2B transactions in national currencies without relying on dollar-based systems like SWIFT

Question 12

Which BRICS nation is aiming to leverage its natural resources, particularly in renewable energy, as a key area for increased foreign investment?

Accepted Answer

Brazil

Question 13

What significant shift has occurred in intra-BRICS trade in recent years, according to analysis from 2019-2024?

Accepted Answer

Trade among BRICS nations has been increasing faster than trade between BRICS and G7 countries

Question 14

What is a key characteristic of the BRICS energy matrix, particularly concerning coal?

Accepted Answer

The alliance remains a global center for coal-fired power generation, with a significant percentage of the world's capacity

Question 15

As of May 2026, what percentage of Russia-China trade settlements are conducted in rubles and yuan?

Accepted Answer

Nearly 90%

BRICS Economic Shifts: Digital Currencies, Trade Dynamics, and Energy Markets

More Match Game Study Sets