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As we all know rise of the 'BRICS' has left a vast impact on almost all aspects of the global economy. However, which of the following cannot be called as the direct effect(s) of 'Rise of the BRICS' on global/other powerful economy/ economies? [Punjab & Sindh Bank 2011] (A) Countries like China wish to learn more about outsourcing from India. (B) It has made countries to suffer from Sub-prime Crisis. (C) EURO has become a powerful currency and many non-Euro countries are in 'Swap Agreement' with various nations.

Correct Answer: None of these

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Indian Economy MCQ: As we all know rise of the 'BRICS' has left a vast impact on almost all aspects of the global economy. However, which of the following cannot be called as the direct effect(s) of 'Rise of the BRICS' on global/other powerful economy/ economies? [Punjab & Sindh Bank 2011] (A) Countries like China wish to learn more about outsourcing from India. (B) It has made countries to suffer from Sub-prime Crisis. (C) EURO has become a powerful currency and many non-Euro countries are in 'Swap Agreement' with various nations. | Extra Education