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?
Answer:
(b)
CA
Statement 1 is incorrect: The first BRIC Summit was held in Yekaterinburg, Russia in 2009, not Rio de Janeiro. Statement 2 is correct: South Africa joined in 2010, making it BRICS. It was indeed the last to join the core grouping. Additional information: At the 15th BRICS Summit (Johannesburg, 2023), BRICS announced its first major expansion since South Africa’s entry. From January 2024, Egypt, Ethiopia, Iran, Saudi Arabia, and the UAE officially joined BRICS, reflecting its growing role as a counterweight to Western-led groupings like the G7.