With reference to a grouping of countries known as BRICS, consider the following statements :
1. The first Summit of BRICS was held in Rio de Janeiro in 2009.
2. South Africa was the last to join the BRICS grouping.
Which of the statements given above is/are correct?
-
A.
1 only
-
B.
2 only
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C.
Both 1 and 2
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D.
Neither 1 nor 2
Correct Answer:
B. 2 only
Explanation:
BRICS represents a coalition of five significant emerging economies: Brazil, Russia, India, China, and South Africa. Initially called "BRIC," the group added South Africa in 2010. Their inaugural official summit took place in Yekaterinburg, Russia, on June 16, 2009.
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