Correct option is B
The BRICS Summit held in March 2013 took place in Durban, South Africa, marking the fifth annual meeting of the BRICS nations.
About BRICS:
- BRICS is an acronym for a group of five major emerging economies: Brazil, Russia, India, China, and South Africa. This international organization was initially formed as "BRIC" in 2009, consisting of Brazil, Russia, India, and China. South Africa joined in 2010, changing the group's name to BRICS.
- The first BRIC summit took place in Yekaterinburg, Russia, in 2009. The BRICS bloc was created to foster cooperation between these emerging economies in political, economic, and social spheres. Its main objectives include promoting peace, security, and development and advocating for a more equitable global financial and economic system.
- BRICS is not a formal organization but a collaborative forum where member countries work on issues of mutual interest, including global governance, economic growth, and development
