In which year was the BRICS grouping launched, as stated at the BRICS Business Forum 2026?
- A.2003
- B.2006
- C.2009
- D.2014
Correct answer
Explanation
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.
Read the full article: BRICS Business Forum 2026 Held in Delhi as Group Turns 20
Practice Questions
What is the theme of India's BRICS Chairship, named at the BRICS Business Forum 2026?
- A.One Earth, One Family, One Future
- B.Building for Resilience, Innovation, Cooperation and Sustainability
- C.Strengthening Multilateralism for Shared Prosperity
- D.Inclusive Growth for a Sustainable Planet
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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.
Read the full explanation →How much was trade among BRICS countries in 2024, as told to the BRICS Business Forum?
- A.About USD 84 billion
- B.About USD 500 billion
- C.Nearly USD 1.2 trillion
- D.Nearly USD 3 trillion
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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.
Read the full explanation →Who is the Minister of State for Coal and Mines who spoke at the 4th Conference of Mining Ministers in Goa?
- A.Keshav Chandra
- B.Satish Chandra Dubey
- C.G. Kishan Reddy
- D.Pralhad Joshi
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At the conference he stressed that States must make collective efforts to speed up mining initiatives and help the country become self-reliant in minerals.
Read the full explanation →At the 4th Conference of Mining Ministers, Union Minister G. Kishan Reddy called for faster mineral exploration mainly in view of the growing demand for which category of minerals?
- A.Fuel minerals such as coal
- B.Minor minerals
- C.Critical minerals
- D.Atomic minerals
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Speaking at the conference in Goa, Union Minister of Coal and Mines G. Kishan Reddy said the Centre and the States must work together to expedite mineral exploration, particularly because demand for critical minerals is growing.
Read the full explanation →Where was the 4th Conference of Mining Ministers, which concluded in November 2026, held?
- A.Bhubaneswar
- B.Goa
- C.Hyderabad
- D.Ranchi
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The Ministry of Mines reported on 6 November 2026 that the two-day 4th Conference of Mining Ministers had concluded in Goa, where Union Coal and Mines Minister G. Kishan Reddy urged the Centre and the States to work together to speed up mineral exploration.
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