Indian Polity & Governance·Prelims Strategy
Economic Cooperation — Prelims Strategy
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Version 1Updated 5 Mar 2026
Prelims Strategy
Focus on memorizing specific facts: NDB authorized capital (50 billion), headquarters (Shanghai), equal voting rights (20% each), CRA total (18 billion).
Remember expansion timeline: BRIC (2009), BRICS with South Africa (2010), recent expansion (2023) with six new members. Key statistics: intra-BRICS trade (200+ billion), China's GDP dominance (70%+).
Practice elimination techniques by identifying obviously wrong figures or locations. Common traps include confusing NDB and CRA contributions, mixing up headquarters locations, and incorrect expansion member lists.
Stay updated on latest developments as current affairs questions are frequent.