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
19921
Which BRICS initiative aims to reduce reliance on the U.S. dollar?
Answer:
BRICS PAY
BRICS PAY is a cross-border payment system to facilitate trade in local currencies, reducing dependence on the U.S. dollar.
19922
What percentage of global GDP does BRICS+ account for as of 2024?
Answer:
37.3%
BRICS+, with its expanded membership, accounts for approximately 37.3% of global GDP (PPP), surpassing the G7’s share.
19923
Which country rejected BRICS membership in late 2023 after initially accepting?
Answer:
Argentina
Argentina declined membership in late 2023 under President Javier Milei, reversing its earlier acceptance at the 2023 Johannesburg Summit.
19924
What is the informal name for the expanded BRICS group since 2024?
Answer:
BRICS+
The term 'BRICS+' is used informally to reflect the group’s expansion since 2024, including new members like Egypt, Ethiopia, Iran, UAE, and Indonesia.
19925
Which country became the first Southeast Asian member of BRICS in 2025?
Answer:
Indonesia
Indonesia joined BRICS as a full member on January 6, 2025, marking it as the first Southeast Asian member.
19926
Which country has not formally joined BRICS despite being invited in 2023?
Answer:
Saudi Arabia
Saudi Arabia was invited to join in 2023 but, as of early 2024, has not formally joined and is still considering membership.
19927
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.
19928
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.
19929
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.
19930
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.