# Which intergovernmental grouping is primarily formed to enhance cooperation among major emerging economies? with Answer - General Knowledge MCQs | TestPrep

> Solved MCQ: Which intergovernmental grouping is primarily formed to enhance cooperation among major emerging economies? Correct Answer: BRICS. Verified answer explanation for FPSC, PPSC, MDCAT, NTS, and CSS competitive exam preparation.

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# Which intergovernmental grouping is primarily formed to enhance cooperation among major emerging economies?

Direct Answer & Quick Reference

The correct option is **BRICS**.

Origin & Acronym: The acronym BRIC was first coined in 2001 by Goldman Sachs economist Jim O'Neill to describe fast-growing emerging markets. It became a formal diplomatic group in...

NATO

OPEC

BRICS **(Correct Answer)**

ASEAN

✨ Explain with AI

Verified Key: BRICS
Solved by 2,118+ students

**Detailed Explanation & Reference:**

Origin & Acronym: The acronym BRIC was first coined in 2001 by Goldman Sachs economist Jim O'Neill to describe fast-growing emerging markets. It became a formal diplomatic group in 2009. Member Expansion: Originally composed of Brazil, Russia, India, and China. South Africa joined in 2010 (turning it into BRICS). Major expansion followed with countries like Egypt, Ethiopia, Iran, the UAE, and others joining or partnering. Why other options are incorrect: NATO is a military alliance among North American and European nations. OPEC is a petroleum-exporting cartel managing oil production and prices. ASEAN is a regional organization focused specifically on Southeast Asian nations.

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