Who coined the term ‘BRICS’ in 2001?

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(a) Jim O’ Neill — The term ‘BRICS’ was coined by Jim O’ Neill in 2001. BRICS is the group composed by the five major emerging countries - Brazil, Russia, India, China and South Africa. South Africa was added to the group in 2010. BRICS is an important grouping bringing together the major emerging economies from the world, comprising 41% of the world population, having 24% of the world GDP and over 16% share in the world trade.

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(B) Barack Obama

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(C) John Kennedy

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(D) Vladimir Putin

Who coined the term ‘BRICS’ in 2001?

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