BRICS is an acronym that stands for

BRICS is an acronym that stands for

Brazil, Russia, Indonesia, China and South Africa
Brazil, Russia, India, China and South Africa
Brazil, Russia, India, Canada and South Africa
Brazil, Russia, India, China and South Korea
This question was previously asked in
UPSC Combined Section Officer – 2021-22
The correct answer is Brazil, Russia, India, China and South Africa.
BRICS is an acronym for an association of five major emerging national economies: Brazil, Russia, India, China, and South Africa.
The acronym BRIC was initially coined by Goldman Sachs economist Jim O’Neill in 2001 to describe the four emerging economies. South Africa was invited to join the group, and it officially became a member in 2010, resulting in the acronym BRICS. The group aims to promote peace, security, development, and cooperation.