Question

Which of the following statements about BRICS is not incorrect?
I. South Africa is not an original member of the BRICS coalition.
II. The bloc was started as an attempt to strategically assist the United States of America as allies.
III. The BRICS member countries represent at least 40% of the world’s population.
IV. The acronym for the bloc was coined in 2001 by then Goldman Sachs chief economist Jim O’Neill in a research paper that underlined the growth potential of Brazil, Russia, India and China.
Choose the most appropriate answer.

• A. I and II.
• B. Only II.
• C. I, III and IV.
• D. All of the above.

Answer 1

Answer: (C)

I, III and IV.

Answer 2

The correct option is (C): I, III and IV.