Indian Polity & Governance·Prelims Strategy

Economic Cooperation — Prelims Strategy

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Version 1Updated 5 Mar 2026

Prelims Strategy

Focus on memorizing specific facts: NDB authorized capital (100billion),subscribedcapital(100 billion), subscribed capital (50 billion), headquarters (Shanghai), equal voting rights (20% each), CRA total (100billion)andIndiascontribution(100 billion) and India's contribution (18 billion).

Remember expansion timeline: BRIC (2009), BRICS with South Africa (2010), recent expansion (2023) with six new members. Key statistics: intra-BRICS trade (500billion),IndiasBRICStrade(500 billion), India's BRICS trade (200+ billion), China's GDP dominance (70%+).

Practice elimination techniques by identifying obviously wrong figures or locations. Common traps include confusing NDB and CRA contributions, mixing up headquarters locations, and incorrect expansion member lists.

Stay updated on latest developments as current affairs questions are frequent.

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