Current Affairs · International Summits and Organizations
Consider the following statements regarding BRICS: Statement I: The acronym BRIC was coined by an economist at Goldman Sachs. Statement II: The first formal summit of BRIC was initiated and hosted by Russia. Statement III: South Africa was the latest entrant to the grouping prior to the 2024 expansion. Statement IV: In 2025, the presidency of BRICS is held by Brazil. Which of the statements given above are correct?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1All statements I, II, III and IV are correct✓
- 2Only statements I and IV are correct
- 3Only statements II and III are correct
- 4Only statements I and II are correct
Correct answer
All statements I, II, III and IV are correct
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