BANKING GENERAL KNOWLEDGE
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15
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18
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20
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Detailed explanation-1: -Accounting for 23 percent of the global economy, 18 percent of trade in goods and 25 percent of foreign investment, BRICS countries have formed an important force that cannot be ignored in the world economy.
Detailed explanation-2: -In 2021, it is estimated that the BRICS countries have a combined population of 3.22 billion people, which is over 40 percent of the world population.
Detailed explanation-3: -The 2022 BRICS summit is the fourteenth annual BRICS summit, an international relations conference attended by the heads of state or heads of government of the five member states Brazil, Russia, India, China and South Africa.
Detailed explanation-4: -Under the theme of “Foster High-quality BRICS Partnership, Usher in a New Era for Global Development”, leaders of the five countries held in-depth exchange of views on BRICS cooperation in various sectors and major issues of common concern and reached important consensus.