New Development Bank's Maasdorp on BRICS Plan

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7 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What was the primary goal of establishing the New Development Bank by BRICS countries?
To focus on digital currencies
To compete with the World Bank
To support emerging markets
To create a new global currency
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which factor affects the speed of a country's membership process in the New Development Bank?
The country's GDP
The country's legislative processes
The country's population size
The country's currency strength
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What percentage of the bank's lending is aimed to be in local currency?
40%
30%
20%
10%
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is one of the key focuses of the New Development Bank in terms of project financing?
Expanding into developed markets
Building new headquarters
Financing in local currency
Investing in cryptocurrency
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the current anchor currency of the New Development Bank?
Chinese Renminbi
Euro
Japanese Yen
U.S. Dollar
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the long-term aspiration of BRICS countries regarding currency use?
To create a single BRICS currency
To increase the use of local currencies
To adopt the Euro as a common currency
To eliminate all foreign currencies
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which currency joined the Special Drawing Rights in 2016?
Indian Rupee
Brazilian Real
Chinese Renminbi
South African Rand
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