Question
Indo-Brazil ties: Answer the following.
(1) What does BRICS stand for?
(2) When was it established?
(3) What are the objectives of this bloc?
(4) The countries of which continent are not a member of this bloc?
(5) In which continents do the member countries lie?

Answer

A-1 BRICS stands for Brazil, Russia, India, China and South Africa.
A-2 BRIC was established in June 2006. South Africa was inducted in 2010. Then it became BRICS.
A-3 The main objectives of BRICS are:

  • To achieve regional development.
  • To act as a bridge between developed and developing countries by providing financial assistance and support in various infrastructure projects.

A-4 The countries of North America and Australia are not a member of this bloc.
A-5 The member countries lie in the continents of Europe, South America, Africa and Asia.

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