BRICS Business Forum 2026 Held in Delhi as Group Turns 20

The correct answer is Building for Resilience, Innovation, Cooperation and Sustainability. The Prime Minister named this theme while addressing the BRICS Business Forum in New Delhi, and said India had made the same mantra the base of its economic and trade policy over the past twelve years. The External Affairs Minister repeated the four words of the theme, resilience, innovation, cooperation and sustainability, while describing how India's Chairship has tried to carry the grouping's evolution forward. Option A is wrong because that line is the English rendering of Vasudhaiva Kutumbakam and was not given as the BRICS theme in this release. Option C is wrong because no such wording appears in the account of the Forum, although multilateral trade with the WTO at its core was indeed mentioned by the Commerce Secretary. Option D is wrong for the same reason, as it names no element of the announced theme. A paper setter will usually test the exact four-part wording, so it is worth memorising in order.

The correct answer is 2006. The Prime Minister said the group was launched in that year with only four countries, and that the Forum was being held in the year the grouping completes twenty years. The External Affairs Minister made the same point in a different way, saying the year marks twenty years of institutionalised BRICS cooperation. Option A is wrong, though the year does appear in the release for another reason: the Commerce Secretary used it as the base year for intra-BRICS trade of USD 84 billion. Option C is wrong because no event of the grouping is dated to that year anywhere in the account of the Forum. Option D is wrong as well; that year is the one from which India counts its free trade agreements with nearly 40 countries. Candidates should hold on to the pair of facts together, the founding year and the four founding members, since questions often join them.

The correct answer is nearly USD 1.2 trillion. Commerce Secretary Rajesh Agrawal told the opening session that trade among the BRICS countries had risen from USD 84 billion in 2003 to nearly that level by 2024, and he used the figure to argue that the grouping is a significant and fast growing market. Option A is wrong because that is the earlier figure, the base for the comparison rather than the latest number; mixing up the two ends of a growth statement is the commonest trap in such questions. Option B is wrong because no such figure is given anywhere in the release. Option D is wrong for the same reason, and it also overstates the growth described. Remember the pair as a single fact with its two years attached, and remember alongside it that the grouping accounts for nearly one fourth of global trade.