A) MERCOSUR
B) IBSA
C) BRIC
D) OPEC
Correct Answer: C
Solution :
[c] BRIC is a grouping acronym that refers to the countries of Brazil, Russia, India and China. The acronym was coined by Jim O'Neill in a 2001 paper entitled "Building Better Global Economic BRICs". These four countries, combined, currently account for more than a quarter of the world's land area and more than 40% of the world's population. On June 16, 2009, the leaders of the BRIC countries held their first summit in Yekaterinburg, and issued a declaration calling for the establishment of an equitable, democratic and multipolar world order.
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