DMPQ-Write short note on BRICS and the reason for its formation.

BRIC are the letters that originally stood for these countries: Brazil, Russia, India and China.South Africa became part of the BRIC nations in 2010, turning BRIC into BRICS.The five nations if combined would be the largest entity on the global stage, according to Goldman Sachs, which has continued to monitor the four countries since 2001. … Read more

DMPQ: OPEC

The Organization of the Petroleum Exporting Countries (OPEC) is a permanent, intergovernmental Organization, created at the Baghdad Conference on September 10–14, 1960, by Iran, Iraq, Kuwait, Saudi Arabia and Venezuela. The five Founding Members were later joined by: Qatar (1961) – terminated its membership in January 2019; Indonesia (1962) – suspended its membership in January … Read more