Question : Which of the following countries has formed an association (BRICS) of five major emerging national economies?
Option 1: Brazil, Russia, India, China, South Africa
Option 2: Brussels, Russia, India, Chile, South Africa
Option 3: Brussels, Russia, India, Chile, Switzerland
Option 4: Brazil, Romania, India, China, Switzerland
Correct Answer: Brazil, Russia, India, China, South Africa
Solution : The correct answer is Brazil, Russia, India, China and South Africa .
The abbreviation BRICS refers to the world's emerging countries, which comprise Brazil, Russia, India, China and South Africa. The organisation was formally established in 2006 during the inaugural BRIC Foreign Ministers' Conference. South Africa was invited to join BRIC in December 2010, and the acronym BRICS emerged. The BRICS group brings together five of the world's most populous developing countries, accounting for 41% of the global population, 24% of global GDP, and 16% of global trade.
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