With reference to BRIC countries, consider the following statements:
1. At present, China’s GDP is more than the combined GDP of all the three other countries.
2. China’s population is more than the combined population of any two other countries.
With reference to BRIC countries, consider the following statements:
1. At present, China’s GDP is more than the combined GDP of all the three other countries.
2. China’s population is more than the combined population of any two other countries.
Answer:
(a)
CA
The BRIC countries are Brazil, Russia, India, and China. Option 1 states that China`s GDP is more than the combined GDP of all the other three countries. As of the current data, China is the world`s largest economy in terms of Purchasing Power Parity and its GDP is indeed higher than the combined GDP of Brazil, Russia, and India. Hence, statement 1 is correct. Option 2 posits that China`s population is more than the combined population of any two other countries. However, India alone has a population comparable to China and if combined with either of the other two countries (Russia or Brazil), it would exceed China`s population. Hence, Statement 2 is not correct. So from the above explanation, we can conclude that only the first statement is correct, making Option 1 the correct answer.