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BRICS Expansion: New Members, Economic Shifts, and Global Influence in 2024-2025

BRICS

Explore the latest developments in the BRICS nations, focusing on recent expansions, economic trends, and their evolving role in the global landscape.

BRICS Expansion Global Economy International Relations Emerging Markets
10 Questions Easy Ages 5+ Jun 16, 2026

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About this Study Set

This study set covers BRICS through 10 practice questions. Explore the latest developments in the BRICS nations, focusing on recent expansions, economic trends, and their evolving role in the global landscape. Every question includes the correct answer so you can learn as you go — pick any format above to get started.

Questions & Answers

Browse all 10 questions from the BRICS Expansion: New Members, Economic Shifts, and Global Influence in 2024-2025 study set below. Each question shows the correct answer — select a study format above to practice interactively.

1 Which four countries officially joined BRICS on January 1, 2024?
  • A Argentina, Saudi Arabia, Iran, Indonesia
  • B Egypt, Ethiopia, Iran, United Arab Emirates
  • C Brazil, Russia, India, China
  • D South Africa, Egypt, Brazil, India
2 What was a significant outcome of the 2024 BRICS summit held in Kazan, Russia?
  • A The establishment of a new BRICS currency
  • B Agreement to create a new category of BRICS partner countries
  • C A commitment to entirely de-dollarize all trade by 2026
  • D The formal dissolution of the New Development Bank
3 As of January 2025, which country became the tenth full member of BRICS?
  • A Saudi Arabia
  • B Indonesia
  • C Egypt
  • D Vietnam
4 Which of the following countries was invited to join BRICS in 2024 but later declined the invitation?
  • A Egypt
  • B Iran
  • C Argentina
  • D United Arab Emirates
5 The BRICS New Development Bank (NDB) was founded in which year?
  • A 2009
  • B 2014
  • C 2010
  • D 2024
6 Which of these countries is NOT an original founding member of BRIC?
  • A Brazil
  • B Russia
  • C South Africa
  • D China
7 What percentage of the world's population did the expanded BRICS+ group represent in late 2024/early 2025?
  • A Approximately 20%
  • B Approximately 35%
  • C Approximately 45%
  • D Approximately 60%
8 Which of the following is a key focus for BRICS nations regarding international trade and finance, as highlighted in recent summits?
  • A Increasing reliance on the US dollar for all transactions
  • B Promoting trade in local currencies and exploring alternative payment systems
  • C Phasing out all international trade
  • D Establishing a single BRICS currency to replace all national currencies
9 In 2024, which BRICS nation's economy grew by approximately 5.0%, driven by policy stimulus and improved market confidence?
  • A India
  • B Brazil
  • C Russia
  • D China
10 The 2024 BRICS summit in Kazan, Russia, was hosted by which country?
  • A India
  • B Brazil
  • C Russia
  • D South Africa
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