Assertion (A): BRICS is the acronym for an association of five major emerging national economies Brazil, Russia, India, China and South Africa.
Reason (R): Originally the first four were grouped as “BRIC” before the Induction of South Africa in 2010.
(a) Both ‘A’ and ‘R’ are true and ‘R’ is the correct explanation to ‘A’
(b) Both ‘A’ and ‘R’ are true but ‘R’ is not the correct explanation to ‘A’
(c) ‘A’ is true but ‘R’ is false
(d) ‘A’ is false but ‘R’ is true
