BRICS: Objectives and Key Facts

The video introduces BRICS, a group of five major emerging economies: Brazil, Russia, India, China, and South Africa. It explains the origin of the term, the inclusion of South Africa, and the group's activities, including annual summits and partnerships in trade, technology, security, and sustainability. The video also covers BRICS' financial mechanisms, such as the New Development Bank, and highlights the leadership of Dilma Rousseff. It provides statistics on BRICS' global economic and demographic impact and discusses its growing influence in regional and global affairs, aiming to counterbalance Western economies.

What does the acronym BRICS stand for?

• Brazil, Russia, India, China, South Africa

• Brazil, Russia, Indonesia, China, South Africa

• Brazil, Romania, India, China, South Africa

• Brazil, Russia, India, Canada, South Africa

Who coined the term BRICS?

• Jim O'Neill

• Dilma Rousseff

• Goldman Sachs

• Dinho Uniu

In which year did South Africa join BRICS?

• 2009

• 2001

• 2010

• 2011

What are some areas of partnership among BRICS countries?

• Trade, technology, security, and sustainability

• Finance, real estate, media, and transportation

• Healthcare, education, sports, and tourism

• Agriculture, mining, fashion, and entertainment

What is the purpose of the New Development Bank (NDB) established by BRICS?

• To regulate international trade policies

• To manage the foreign exchange reserves of BRICS countries

• To provide loans to developed countries

• To invest in infrastructure and sustainable development in emerging countries

Who was elected to lead the NDB from March 2023 to July 2025?

• Xi Jinping

• Vladimir Putin

• Dilma Rousseff

• Jim O'Neill

What percentage of the world's population is represented by BRICS countries?

• 29%

• 41%

• 24%

• 16%

What is one of the main objectives of BRICS?

• To counterbalance Western economies and gain more influence in international politics

• To promote cultural exchange among member countries

• To create a free trade zone within BRICS countries

• To establish a common currency for BRICS countries