Jim O'Neill is a British economist known for coining the term 'BRIC' in 2001, referring to the fast-growing economies of Brazil, Russia, India, and China. He is a former chairman of Goldman Sachs Asset Management.
The British scholar Jim O'Neill who coined the term 'BRICS' is related to which of the following subjects ?
Asked in UKPSC CS Prelims 2016 · Topic: Nature of Indian Economy (Openness of Economy and Integration with Global Markets)
More Economic Development questions
- Which of the following changes have taken place in Indian Economy after Economic Reforms in 1991 ?
- With reference to the World Bank's Ease of Doing Business Report, which of the following statement(s) is/are correct? 1. In Ease of Doing Business Report 2020, India's rank is 63. 2. India ranking for Ease of Doing Business in the year 2019 was 77. Select the correct answer using the codes given below:
- Which of the following statements related to globalization is/are correct? 1. It has resulted in the change of scale in economic activities. 2. End of Cold War facilitated globalization. 3. Flow of money in transnational corporations is discouraged. Select the correct answer using the code given below.
- The end of the Cold War marked a significant geopolitical shift, leading to the opening of economies in former communist states, reduced political barriers to trade and investment, and increased international cooperation. This significantly facilitated the expansion and deepening of globalization. This statement is correct. 3. Transnational corporations (TNCs) are major agents of globalization. Their operations involve significant cross-border flows of capital, including foreign direct investment, loans, portfolio investment, and repatriation of profits. Far from being discouraged, the increased flow of money across national borders facilitated by TNCs and financial markets is a defining feature of globalization. This statement is incorrect. Based on the analysis, statements 1 and 2 are correct, while statement 3 is incorrect. 276. During 2014-2015, in which one of the following industrial sectors, the FDI equity inflow was maximum ?
- Which of the following organizations brings out the publication known as 'World Economic Outlook'?
- India's ranking in the 'Ease of Doing Business Index' is sometimes seen in the news. Which of the following has declared that ranking?
- Which of the following has/have occurred in India after its liberalization of economic policies in 1991? Share of agriculture in GDP increased enormously. Share of India's exports in world trade increased. FDI flows increased. India's foreign exchange reserves increased enormously. Select the correct answer using the codes given below:
- The Global Competitiveness Report is published by the
