12th BRICS Summit

Question . Recently, Prime Minister attended the 12th BRICS Summit hosted by _ virtually, under the theme Global Stability, Shared security and Innovative Growth.
(A) Brazil
(B) Russia
(C) India
(D) Bone of these
Answer – b
Explanation-

  • Why in news – Recently, Prime Minister attended the 12th BRICS Summit hosted by Russia
  • virtually, under the theme Global Stability, Shared Security and Innovative Growth.
  • About – BRICS is the acronym association of five major emerging national economies: Brazil, Russia, India, China and South Africa.
  • Originally the first four were grouped as BRIC before the induction of South Africa in 2010. BRICS Summit
  • The Chairmanship of the forum is rotated annually among the members, in
  • accordance with the acronym B-R-I-C-S.
  • BRICS countries are influential members of leading international organisations and agencies, including the UN, the G20, the Non-Aligned Movement and the Group of 77.
  • The first Independent summit took place in 2009 in Russia.
  • The BRICS is known as an influential bloc that represents over 3.6 billion people, or half of the world’s population. The BRICS countries have a combined GDP of USD 16.6 trillion.
  • New Development Bank is an outcome of this platform.

By:Arpit Mishra

Link:

https://www.thehindu.com/news/national/pm-modi-to-attend-virtual-summit-of-brics-on-november-17/article33108563.ece