GK
WORLD ORGANISATIONS
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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In the group of countries known as BRICS, S stands for:
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Singapore
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Spain
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South Africa
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South Korea
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Explanation:
Detailed explanation-1: -BRICS is an acronym for Brazil, Russia, India, China, and South Africa. Goldman Sachs economist Jim O’Neill coined the term BRIC (without South Africa) in 2001, claiming that by 2050 the four BRIC economies would come to dominate the global economy. South Africa was added to the list in 2010.
Detailed explanation-2: -BRICS-meaning Brazil, Russia, India, China and South Africa-is widely regarded as the pillar of emerging economies. And other countries want in. The BRICS economic bloc is made up of five of the world’s biggest emerging economies: Brazil, Russia, India, China and South Africa.
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