The BRICS grouping initially used the acronym BRIC, coined by economist: MCQ with Answer and Explanation

The BRICS grouping initially used the acronym BRIC, coined by economist:
A. Nouriel Roubini
B. Raghuram Rajan
C. Paul Krugman
D. Jim O’Neill
Answer: Option D
Solution (By JKSSB Mock Tests)
Jim O’Neill of Goldman Sachs coined the term BRIC in a 2001 paper to describe the emerging economies of Brazil, Russia, India, and China.

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Practice More International Organizations Questions

Question #1
Which UN specialized agency has the mandate to improve food security and agricultural productivity?
A. WHO
B. WFP
C. IFAD
D. FAO

Correct Answer: Option D


Explanation:
The Food and Agriculture Organization (FAO) leads international efforts to defeat hunger, improve nutrition, and increase agricultural productivity.

Question #2
What is the primary role of the World Trade Organization (WTO)?
A. To regulate banking
B. To promote tourism
C. To settle trade disputes
D. To provide medical aid

Correct Answer: Option C


Explanation:
The WTO resolves trade disputes between its member countries.

Question #3
Which country is the newest member to have joined BRICS (expanding it to BRICS+ in 2024/2025 context)?
A. Saudi Arabia
B. All of these
C. Iran
D. Egypt

Correct Answer: Option B


Explanation:
In 2024, BRICS expanded to include Egypt, Ethiopia, Iran, and the UAE (Saudi Arabia also invited).