Which one of the following countries was included in ‘BRICS’ in the last ?
1) India
2) China
3) South Africa
4) Brazil
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3) South Africa
BRICS started in 2001 as BRIC, an acronym coined by Goldman Sachs for Brazil, Russia, India, and China. South Africa was added in 2010. The notion behind the coinage was that the nations’ economies would come to collectively dominate global growth by 2050.
Russia was added in 2009