With reference to the BRICS grouping, consider the following statements:1.It is a coalition comprising over 40% of the world's population and accounting for a quarter of the global GDP.2.It attempts to serve as a bridge between the Global North and Global South.3.It was founded to further strengthen the dominance of the western world over institutions of global governance and weaken multilateralism.Which of the statements given above are correct?

Q. With reference to the BRICS grouping, consider the following statements:
1.It is a coalition comprising over 40% of the world’s population and accounting for a quarter of the global GDP.
2.It attempts to serve as a bridge between the Global North and Global South.
3.It was founded to further strengthen the dominance of the western world over institutions of global governance and weaken multilateralism.
Which of the statements given above are correct?

[A] 1 and 2 only

[B] 2 and 3 only

[C] 1 and 3 only

[D] 1, 2 and 3

Answer: A

Notes:

Explanation –

Statements 1 and 2 are correct. BRICS grouping It is a coalition comprising over 40% of the world’s population and accounting for a quarter of the global GDP. It attempts to serve as a bridge between the Global North and Global South.

Statement 3 is incorrect. BRICS was founded on the desire to end the domination of the western world over institutions of global governance (IMF, World Bank, UN) and strengthen multilateralism.

Source: ForumIAS

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