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BRICS Nations: Digital Currencies, Agri-Tech, and Renewable Energy Shifts

BRICS

Explore the latest financial and cultural shifts within BRICS nations, focusing on advancements in digital currencies, growth in agricultural technology, and the renewable energy sector.

BRICS Digital Currency Agri-Tech Renewable Energy Global Finance
11 Questions Medium Ages 5+ Jul 4, 2026

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About this Study Set

This study set covers BRICS through 11 practice questions. Explore the latest financial and cultural shifts within BRICS nations, focusing on advancements in digital currencies, growth in agricultural technology, and the renewable energy sector. Every question includes the correct answer so you can learn as you go — pick any format above to get started.

Questions & Answers

Browse all 11 questions from the BRICS Nations: Digital Currencies, Agri-Tech, and Renewable Energy Shifts study set below. Each question shows the correct answer — select a study format above to practice interactively.

1 Which BRICS nation has seen significant growth in its Unified Payments Interface (UPI) system, expanding its reach to several international locations?
  • A Brazil
  • B Russia
  • C India
  • D China
2 In Brazil's agricultural sector, what is a primary driver for the increasing adoption of technology and automation, as highlighted in recent reports?
  • A Decreasing global demand for agricultural products
  • B High costs associated with formal employment and taxes
  • C Limited availability of arable land
  • D A government mandate to reduce crop yields
3 South Africa is actively promoting the localization of renewable energy manufacturing. What is a key component of this strategy?
  • A Increasing reliance on imported renewable energy technology
  • B Focusing solely on large-scale solar power generation
  • C Developing special economic zones and a Renewable Energy Masterplan
  • D Reducing investment in wind energy projects
4 China's digital currency, the e-CNY, aims to enhance domestic consumption and potentially reduce reliance on the US dollar. What is a key feature of its current development?
  • A It operates entirely on a decentralized blockchain, similar to Bitcoin
  • B Its adoption is limited to a few major cities and has seen no growth
  • C It is being integrated into various aspects of the economy, including cross-border pilot programs
  • D The People's Bank of China has no oversight over its circulation
5 Which BRICS country has been identified as the second-largest producer of biotech crops globally, with high adoption rates for genetically engineered (GE) seeds in major commodities?
  • A Russia
  • B India
  • C South Africa
  • D Brazil
6 In the context of South Africa's energy transition, what is a major focus beyond electricity generation for renewable energy investments?
  • A Disrupting existing mining operations
  • B Connecting renewable energy investments to mining, manufacturing, and agriculture
  • C Phasing out all forms of public transportation
  • D Reducing the workforce in the energy sector
7 The BRICS expansion in 2023 and 2024 has led to a bloc that now accounts for a significant portion of the world's GDP. What percentage of world GDP does BRICS+ now represent, according to recent estimates?
  • A Approximately 15%
  • B Around 25%
  • C Over 37%
  • D Less than 10%
8 Russia's economy has shown resilience despite sanctions, partly due to a pivot towards Asian markets. Which of these countries has become a major trading partner for Russia in recent years?
  • A United States
  • B Germany
  • C China
  • D United Kingdom
9 The New Development Bank (NDB) of the BRICS nations primarily focuses on financing projects in which key areas?
  • A Military industrial complexes and defense technologies
  • B Space exploration and satellite development
  • C Infrastructure and sustainable development
  • D Fossil fuel extraction and processing
10 India's UPI system has experienced rapid growth and adoption. Approximately what percentage of India's retail digital payments did UPI account for in February 2023?
  • A Less than 25%
  • B Around 50%
  • C Over 75%
  • D Approximately 10%
11 Brazil is a global leader in agriculture, with its agritech sector experiencing rapid growth. What was the approximate value of funding raised by Brazilian agritech startups in 2024?
  • A Over $750 million
  • B Around $177 million
  • C Less than $50 million
  • D Approximately $1 billion
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