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. Paul Krugman
B. Nouriel Roubini
C. Jim O’Neill
D. Raghuram Rajan
Answer: Option C
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
The G20 was formed in 1999 primarily to address what?
A. Nuclear disarmament
B. Global climate change
C. International financial stability
D. Global hunger

Correct Answer: Option C


Explanation:
The G20 was created in the wake of the 1997-98 Asian financial crisis to promote international financial stability.

Question #2
Which organization's goal is to maintain monetary stability?
A. WHO
B. IMF
C. WTO
D. UNESCO

Correct Answer: Option B


Explanation:
The IMF's core mandate is to ensure the stability of the international monetary system.

Question #3
Where is the headquarters of the UN Industrial Development Organization (UNIDO)?
A. Paris
B. New York
C. Geneva
D. Vienna

Correct Answer: Option D


Explanation:
UNIDO is headquartered in Vienna, Austria.