In this problem, an angle like angle BAC where the vertices like on the circle itself is called the inscribed angle.
While angle BOC, where O is the center of the circle, is called the central angle.
Using Proposition III.20 from Euclid's Elements, this is called the Inscribed Angle Theorem wherein:
∠BOC = 2∠BAC
or ∠BOC / 2 = ∠BAC