2014 · Q11
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
- (c)Both 1 and 2
- (d)Neither 1 nor 2
Show answer and explanationHide answer and explanation
- Statement 1 is incorrect. The first BRIC summit was held at Yekaterinburg in Russia in June 2009, not at Rio de Janeiro. Rio is a plausible distractor because Brazil is a founder member and because Rio hosted the 1992 Earth Summit and the 2012 Rio+20 conference, but the Brazilian summits of this grouping were Brasilia in 2010 and Fortaleza in 2014.
- Statement 2 was correct when the paper was set. South Africa was invited in December 2010, attended its first summit at Sanya in China in April 2011, and the acronym changed from BRIC to BRICS at that point. The official answer is therefore (b). The item is decided entirely on statement 1, and there is a clean elimination route for a candidate who cannot recall Yekaterinburg: the grouping originated as a Goldman Sachs investment thesis taken up politically by Russia, which convened the first foreign ministers' meeting and then the first summit, so the inaugural meeting on Russian soil is the natural expectation and Rio is the odd suggestion.
Easy · Current Affairs Inspired · Global Affairs · Regional Groupings and Plurilaterals