General Knowledge MCQs
Topic Notes: General Knowledge
MCQs and preparation resources for competitive exams, covering important concepts, past papers, and detailed explanations.
Plato
- Biography: Ancient Greek philosopher (427–347 BCE), student of Socrates and teacher of Aristotle, founder of the Academy in Athens.
- Important Ideas:
- Theory of Forms
- Philosopher-King
- Ideal State
31
What is the BRICS Contingent Reserve Arrangement (CRA)?
Answer:
Financial safety net
The CRA, established in 2015, provides financial support to member countries facing balance of payments difficulties, with $200 billion in funds.
32
Where is the headquarters of the BRICS New Development Bank located?
Answer:
Shanghai, China
The NDB’s permanent headquarters is in Shanghai, China, with regional offices in South Africa and India.
33
Which financial institution was established by BRICS in 2014?
Answer:
New Development Bank
The New Development Bank (NDB), established in 2014 and operational since 2015, funds infrastructure and sustainable development projects.
34
What is the primary objective of BRICS?
Answer:
Economic and geopolitical cooperation
BRICS aims to enhance economic cooperation and geopolitical influence among emerging economies, challenging Western-dominated institutions.
35
Which city hosted the 2024 BRICS Summit?
Answer:
Kazan
The 16th BRICS Summit was held in Kazan, Russia, from October 22–24, 2024, focusing on security and economic cooperation.
36
How many full member states does BRICS have as of January 2025?
Answer:
10
As of January 2025, BRICS has 10 members: Brazil, Russia, India, China, South Africa, Egypt, Ethiopia, Iran, UAE, and Indonesia.
37
Which country joined BRICS in 2010, changing the acronym from BRIC to BRICS?
Answer:
South Africa
South Africa joined the group in 2010 and attended the 3rd summit in 2011 in Sanya, China, officially changing the acronym to BRICS.
38
Who coined the acronym 'BRIC' in 2001?
Answer:
Jim O'Neill
Jim O'Neill, an economist at Goldman Sachs, coined the term 'BRIC' in a 2001 paper titled 'Building Better Global Economic BRICs' to describe the four emerging economies.
39
In which year was the BRICS group formally established as BRIC?
Answer:
2006
The BRIC group was formally established in 2006 during a meeting of foreign ministers of Brazil, Russia, India, and China at the UN General Assembly in New York.