Indian Polity & Governance·MCQ Practice

Economic Cooperation — MCQ Practice

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Version 1Updated 5 Mar 2026

Interactive MCQ Practice

Test your knowledge. Click “Solve” to reveal options, select your answer, then check the result. 5 questions available.

Q1medium

Consider the following statements about the New Development Bank (NDB): 1. It was established with authorized capital of $50 billion 2. Each founding member has equal voting rights of 20% 3. The bank's headquarters is located in Mumbai 4. It provides financing only in US dollars Which of the statements given above are correct?

Q2easy

Which of the following best describes India's position in the BRICS Contingent Reserve Arrangement (CRA)?

Q3hard

The recent expansion of BRICS in 2023 invited which of the following countries? 1. Argentina 2. Egypt 3. Iran 4. Saudi Arabia 5. Turkey 6. UAE

Q4medium

Consider the following statements about BRICS economic cooperation: 1. Intra-BRICS trade accounts for approximately 18% of total BRICS external trade 2. China accounts for over 70% of BRICS combined GDP 3. The BRICS Business Council operates through sectoral working groups 4. BRICS countries have established a common currency Which of the statements given above are correct?

Q5medium

Which constitutional article provides the primary basis for India's participation in BRICS economic cooperation frameworks?

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