Explanation
Why Correct: BRICS stands for Brazil, Russia, India, China, and South Africa. As of 2026, BRICS has eleven full members. Egypt, Ethiopia, Iran, Saudi Arabia, and the UAE entered the expanded grouping after the 2023 Johannesburg Summit, while Indonesia became a full member in January 2025.
Distractor Analysis: The first option lists Brazil, Russia, Indonesia, Chile, and Spain — Chile and Spain are not BRICS members, and the count of fourteen is incorrect. The second option lists Britain, Romania, India, China, and Sri Lanka — Britain, Romania, and Sri Lanka are not BRICS members. The fourth choice is incorrect because the third choice gives the established BRICS expansion of the original acronym and the current membership count.
Takeaway: BRIC began with Brazil, Russia, India, and China, whose first leaders’ summit was held in 2009. South Africa joined in 2010, creating BRICS; the grouping has eleven full members and ten partner countries as of 2026.