SCO & BRICS — Set 5
World Organizations · SCO और BRICS · Questions 41–50 of 60
In which year was the Shanghai Cooperation Organisation (SCO) formally established?
Correct Answer: A. 2001
The SCO was formally established on June 15, 2001, in Shanghai. It was founded by the leaders of China, Russia, Kazakhstan, Kyrgyzstan, Tajikistan, and Uzbekistan. This date is celebrated as the founding day of the organization.
India and Pakistan officially became full members of the SCO in which year?
Correct Answer: B. 2017
India and Pakistan joined the SCO as full members during the Astana Summit in June 2017. This expansion was a major step in increasing the organization's influence in South Asia. Before 2017, both countries held observer status.
In which year did South Africa join the BRIC group, making it BRICS?
Correct Answer: C. 2010
South Africa joined the group in late 2010 after being invited by China. It attended its first formal summit as a member in 2011 at Sanya, China. The inclusion added an African voice to the group of emerging economies.
The first formal summit of the BRIC nations took place in which city?
Correct Answer: D. Yekaterinburg
Yekaterinburg, Russia, hosted the first BRIC summit on June 16, 2009. The leaders discussed the global financial crisis and the need for a more stable and predictable world. This meeting launched the group as a formal political entity.
Where is the headquarters of the Shanghai Cooperation Organisation (SCO) located?
Correct Answer: A. Beijing
Beijing is the headquarters of the SCO Secretariat. While the organization is named after Shanghai, its permanent administrative hub is in the Chinese capital. This office manages the day-to-day operations of the group.
Which Indian banker served as the first President of the New Development Bank?
Correct Answer: B. K.V. Kamath
K.V. Kamath was the first President of the New Development Bank (NDB) from 2015 to 2020. He was nominated by India as per the agreement among founding members. He played a key role in setting up the operational framework of the bank.
The New Development Bank (NDB) is also commonly referred to by which other name?
Correct Answer: C. BRICS Bank
The New Development Bank is widely known as the BRICS Bank because it was established by the BRICS nations. Its primary goal is to fund development projects in emerging markets. The name 'New Development Bank' was chosen to signify its global outlook.
How many countries were part of the 'Shanghai Five' group before it became the SCO?
Correct Answer: D. Five
The Shanghai Five consisted of five countries: China, Russia, Kazakhstan, Kyrgyzstan, and Tajikistan. It was formed in 1996 to address border security issues. With the addition of Uzbekistan in 2001, the group was renamed the SCO.
The Regional Anti-Terrorist Structure (RATS) of the SCO is headquartered in which city?
Correct Answer: A. Tashkent
Tashkent, the capital of Uzbekistan, is the home of the SCO RATS headquarters. This organ is dedicated to fighting terrorism and extremism in the region. It facilitates cooperation between the security agencies of member states.
Who coined the term 'BRIC' to represent the four major emerging economies?
Correct Answer: B. Jim O'Neill
Jim O'Neill, an economist at Goldman Sachs, coined the term 'BRIC' in 2001. He identified Brazil, Russia, India, and China as the world's most promising emerging markets. His research predicted that these nations would dominate the global economy by 2050.