📢 Too many exams? Don’t know which one suits you best? Book Your Free Expert 👉 call Now!
  • google app store apple app store
    • ✖

      Question

      Which country has applied to join the BRICS group and

      offered to contribute $1.5 billion to the BRICS Bank?
      A Argentina Correct Answer Incorrect Answer
      B Algeria Correct Answer Incorrect Answer
      C Saudi Arabia Correct Answer Incorrect Answer
      D Iran Correct Answer Incorrect Answer
      E Cuba Correct Answer Incorrect Answer

      Solution

      Algeria has applied to join the BRICS group and requested to become a shareholder member of BRICS Bank with a contribution of $1.5 billion. The move aims to open new economic opportunities and strengthen Algeria's partnership with countries like China. The BRICS group comprises Brazil, Russia, India, China, and South Africa, representing over 40% of the world's population and about 26% of the global economy. China has offered to invest $36 billion in various sectors in Algeria, including manufacturing, technology, transport, and agriculture. More than 40 countries, including Argentina, Iran, Saudi Arabia, UAE, Cuba, among others, have expressed interest in joining the BRICS group. About Algeria Capital: Algiers [El Djazaïr]                                     Currency: Algerian dinar (‎ DZD‎ )‎

      Practice Next
      More Beepedia Questions
      ask-question