{"id":252118,"date":"2026-09-22T17:18:37","date_gmt":"2026-09-22T11:48:37","guid":{"rendered":"https:\/\/www.oliveboard.in\/blog\/?p=252118"},"modified":"2026-09-22T17:18:39","modified_gmt":"2026-09-22T11:48:39","slug":"brics-summit","status":"publish","type":"post","link":"https:\/\/www.oliveboard.in\/blog\/brics-summit\/","title":{"rendered":"BRICS Summit 2026, Theme, Members, Key Outcomes &amp; Important Facts"},"content":{"rendered":"<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_77 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title\" style=\"cursor:inherit\">Table of content<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 eztoc-toggle-hide-by-default' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/www.oliveboard.in\/blog\/brics-summit\/#What_is_BRICS_Summit_2026\" >What is BRICS Summit 2026?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/www.oliveboard.in\/blog\/brics-summit\/#Download_BRICS_Summit_Quiz_PDF\" >Download BRICS Summit Quiz PDF<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/www.oliveboard.in\/blog\/brics-summit\/#Attempt_BRICS_Summit_Quiz\" >Attempt BRICS Summit Quiz<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/www.oliveboard.in\/blog\/brics-summit\/#Sign_Up\" >Sign Up<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/www.oliveboard.in\/blog\/brics-summit\/#Login\" >Login<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/www.oliveboard.in\/blog\/brics-summit\/#Forgot_Password\" >Forgot Password<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-7\" href=\"https:\/\/www.oliveboard.in\/blog\/brics-summit\/#i\" >&nbsp;<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-8\" href=\"https:\/\/www.oliveboard.in\/blog\/brics-summit\/#What_was_the_theme_of_Indias_BRICS_Presidency_2026\" >What was the theme of India\u2019s BRICS Presidency 2026?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-9\" href=\"https:\/\/www.oliveboard.in\/blog\/brics-summit\/#Which_countries_are_members_of_BRICS_in_2026\" >Which countries are members of BRICS in 2026?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-10\" href=\"https:\/\/www.oliveboard.in\/blog\/brics-summit\/#What_were_the_major_focus_areas_of_BRICS_Summit_2026\" >What were the major focus areas of BRICS Summit 2026?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-11\" href=\"https:\/\/www.oliveboard.in\/blog\/brics-summit\/#What_is_the_New_Delhi_BRICS_Leaders_Declaration_2026\" >What is the New Delhi BRICS Leaders\u2019 Declaration 2026?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-12\" href=\"https:\/\/www.oliveboard.in\/blog\/brics-summit\/#What_were_the_four_pillars_of_Indias_BRICS_Presidency\" >What were the four pillars of India\u2019s BRICS Presidency?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-13\" href=\"https:\/\/www.oliveboard.in\/blog\/brics-summit\/#What_were_the_key_initiatives_under_the_Resilience_pillar\" >What were the key initiatives under the Resilience pillar?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-14\" href=\"https:\/\/www.oliveboard.in\/blog\/brics-summit\/#What_were_the_key_initiatives_under_the_Innovation_pillar\" >What were the key initiatives under the Innovation pillar?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-15\" href=\"https:\/\/www.oliveboard.in\/blog\/brics-summit\/#What_were_the_key_initiatives_under_the_Cooperation_pillar\" >What were the key initiatives under the Cooperation pillar?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-16\" href=\"https:\/\/www.oliveboard.in\/blog\/brics-summit\/#What_were_the_key_initiatives_under_the_Sustainability_pillar\" >What were the key initiatives under the Sustainability pillar?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-17\" href=\"https:\/\/www.oliveboard.in\/blog\/brics-summit\/#How_does_BRICS_support_the_Global_South\" >How does BRICS support the Global South?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-18\" href=\"https:\/\/www.oliveboard.in\/blog\/brics-summit\/#What_is_the_role_of_de-dollarisation_in_BRICS\" >What is the role of de-dollarisation in BRICS?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-19\" href=\"https:\/\/www.oliveboard.in\/blog\/brics-summit\/#What_is_the_role_of_the_New_Development_Bank_in_BRICS\" >What is the role of the New Development Bank in BRICS?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-20\" href=\"https:\/\/www.oliveboard.in\/blog\/brics-summit\/#What_is_the_Contingent_Reserve_Arrangement_CRA\" >What is the Contingent Reserve Arrangement (CRA)?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-21\" href=\"https:\/\/www.oliveboard.in\/blog\/brics-summit\/#What_is_the_importance_of_CBDC_and_digital_payments_for_BRICS\" >What is the importance of CBDC and digital payments for BRICS?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-22\" href=\"https:\/\/www.oliveboard.in\/blog\/brics-summit\/#What_are_the_major_challenges_faced_by_BRICS\" >What are the major challenges faced by BRICS?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-23\" href=\"https:\/\/www.oliveboard.in\/blog\/brics-summit\/#Why_is_BRICS_Summit_2026_important_for_India\" >Why is BRICS Summit 2026 important for India?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-24\" href=\"https:\/\/www.oliveboard.in\/blog\/brics-summit\/#FAQs\" >FAQs<\/a><\/li><\/ul><\/nav><\/div>\n\n<p>The <strong>BRICS Summit 2026<\/strong> was hosted by India in New Delhi under its 4th BRICS Chairship. The 18th BRICS Summit was held on <strong>12\u201313 September 2026<\/strong> and focused on strengthening cooperation among member countries and giving greater importance to the Global South. The summit was held under the theme <strong>\u201cBuilding for Resilience, Innovation, Cooperation and Sustainability\u201d<\/strong>, with discussions covering global governance, trade, finance, technology, sustainable development, health, energy and supply-chain resilience.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-what-is-brics-summit-2026\"><span class=\"ez-toc-section\" id=\"What_is_BRICS_Summit_2026\"><\/span>What is BRICS Summit 2026?<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>The BRICS Summit is the annual meeting of leaders of BRICS member countries to discuss major global, economic and development-related issues. In 2026, India chaired the grouping and brought its focus to four major areas: <strong>Resilience, Innovation, Cooperation and Sustainability<\/strong>. The summit also marked around two decades of BRICS cooperation and highlighted the need for stronger representation of emerging markets and developing countries in global decision-making.<\/p>\n\n\n\n<figure class=\"wp-block-table\"><table><tbody><tr><td><strong>Particulars<\/strong><\/td><td><strong>Details<\/strong><\/td><\/tr><tr><td>Summit<\/td><td>18th BRICS Summit<\/td><\/tr><tr><td>Host Country<\/td><td>India<\/td><\/tr><tr><td>Venue<\/td><td>New Delhi<\/td><\/tr><tr><td>Dates<\/td><td>12\u201313 September 2026<\/td><\/tr><tr><td>Chair<\/td><td>India<\/td><\/tr><tr><td>Theme<\/td><td>Building for Resilience, Innovation, Cooperation and Sustainability<\/td><\/tr><tr><td>Major Declaration<\/td><td>New Delhi BRICS Leaders\u2019 Declaration<\/td><\/tr><tr><td>Next Chair<\/td><td>China<\/td><\/tr><tr><td>Key Focus<\/td><td>Global governance, trade, finance, technology, sustainability and Global South<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Download_BRICS_Summit_Quiz_PDF\"><\/span>Download BRICS Summit Quiz PDF<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>Download the BRICS Summit 2026 Quiz PDF to revise important facts related to the summit, including its theme, members, India\u2019s presidency, key outcomes, New Delhi Declaration, Global South, NDB, CRA, de-dollarisation and other important current-affairs topics.<\/p>\n\n\n\n<p class=\"has-text-align-center has-medium-font-size\"><a href=\"https:\/\/www.oliveboard.in\/brics-summit-practice-quiz-pdf\/?ref=contac-bsbloq-pq\" target=\"_blank\" rel=\"noreferrer noopener\">Download Free PDF<\/a><\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Attempt_BRICS_Summit_Quiz\"><\/span>Attempt BRICS Summit Quiz<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>Test your preparation with the <strong>BRICS Summit 2026 Quiz<\/strong> and check your understanding of the summit\u2019s key facts, major initiatives, member countries, important declarations and India\u2019s role.<\/p>\n\n\n\n<!DOCTYPE html>\n<html lang=\"en\">\n<head>\n<meta charset=\"UTF-8\">\n<link rel=\"stylesheet\" href=\"https:\/\/courses.oliveboard.in\/edge\/css\/login-modal-for-blog.css\">\n\n<style>\n#quiz-1-sticky-header {\n  position: sticky;\n  top: 0;\n  z-index: 100;\n  background: #1565c0;\n  color: #fff;\n  padding: 12px 20px;\n  border-radius: 10px 10px 0 0;\n  display: flex;\n  justify-content: space-between;\n  align-items: center;\n  font-size: 16px;\n  font-weight: bold;\n  box-shadow: 0 2px 8px rgba(0,0,0,0.2);\n  margin: -20px -20px 20px -20px;\n}\n\n#quiz-1-score-badge {\n  background: rgba(255,255,255,0.2);\n  padding: 4px 12px;\n  border-radius: 20px;\n  font-size: 15px;\n  white-space: nowrap;\n}\n#quiz-1 * { box-sizing: border-box; }\n\n#quiz-1 .quiz-container {\n  max-width: 700px;\n  margin: auto;\n  padding: 20px;\n  background: #fff;\n  border-radius: 14px;\n  box-shadow: 0 6px 16px rgba(0,0,0,0.12);\n}\n\n#quiz-1 h2 {\n  text-align: center;\n}\n\n#quiz-1 .question {\n  margin-bottom: 22px;\n}\n\n#quiz-1 .question p {\n  font-weight: bold;\n}\n\n#quiz-1 button {\n  width: 100%;\n  padding: 12px;\n  margin: 6px 0;\n  border: none;\n  border-radius: 6px;\n  background: #e0e0e0;\n  color: #000;\n  font-size: 16px;\n  cursor: pointer;\n}\n\n#quiz-1 button:hover {\n  background: #d5d5d5;\n}\n\n#quiz-1 button.correct {\n  background: #4caf50;\n  color: #000;\n}\n\n#quiz-1 button.wrong {\n  background: #f44336;\n  color: #000;\n}\n\n#quiz-1 button.locked {\n  pointer-events: none;\n}\n\n\/* SUMMARY *\/\n#quiz-1 .final-summary {\n  margin-top: 40px;\n  padding: 20px;\n  border-radius: 14px;\n  background: #fafafa;\n  border: 2px solid #4caf50;\n}\n\n#quiz-1 .final-summary h3 {\n  text-align: center;\n  margin-bottom: 20px;\n}\n\n#quiz-1 .summary-row {\n  display: grid;\n  grid-template-columns: 120px 1fr 40px;\n  gap: 10px;\n  align-items: center;\n  margin-bottom: 12px;\n  font-weight: bold;\n}\n\n#quiz-1 .summary-bar {\n  height: 14px;\n  background: #ddd;\n  border-radius: 10px;\n  overflow: hidden;\n}\n\n#quiz-1 .bar-fill {\n  height: 100%;\n  width: 0%;\n}\n\n#quiz-1 .bar-attempted { background: #2196f3; }\n#quiz-1 .bar-correct { background: #4caf50; }\n#quiz-1 .bar-wrong { background: #f44336; }\n#quiz-1 .bar-unattempted { background: #9e9e9e; width: 100%; }\n\n#quiz-1 .final-score {\n  text-align: center;\n  font-size: 22px;\n  margin-top: 20px;\n}\n\n#quiz-1 .score-value {\n  font-size: 30px;\n  margin-left: 8px;\n}\n<\/style>\n<\/head>\n\n<body>\n<div id=\"quiz-1\">\n  <div class=\"quiz-container\">\n<div id=\"quiz-1-sticky-header\">\n  <span> BRICS Summit Practice Quiz<\/span>\n  <span id=\"quiz-1-score-badge\">Score: <strong id=\"quiz-1-score-value\">0.00<\/strong><\/span>\n<\/div>\n\n    <!-- QUESTIONS -->\n\n<div class=\"question\" data-answered=\"false\">\n  <p>1. Where was the 18th BRICS Summit of 2026 held?<\/p>\n  <button data-correct=\"true\">A. Bharat Mandapam, New Delhi<\/button>\n  <button data-correct=\"false\">B. Johannesburg, South Africa<\/button>\n  <button data-correct=\"false\">C. Kazan, Russia<\/button>\n  <button data-correct=\"false\">D. Goa, India<\/button>\n  <button data-correct=\"false\">E. Fortaleza, Brazil<\/button>\n<\/div>\n\n<div class=\"question\" data-answered=\"false\">\n  <p>2. What theme is associated with India&#8217;s BRICS Presidency in 2026?<\/p>\n  <button data-correct=\"true\">A. Building for Resilience, Innovation, Cooperation and Sustainability<\/button>\n  <button data-correct=\"false\">B. Building Responsive, Inclusive and Collective Solutions<\/button>\n  <button data-correct=\"false\">C. BRICS and Africa: Partnership for Mutually Accelerated Growth<\/button>\n  <button data-correct=\"false\">D. Partnership for Global Stability, Security and Prosperity<\/button>\n  <button data-correct=\"false\">E. Strengthening Multilateralism for Equitable Global Development<\/button>\n<\/div>\n\n<div class=\"question\" data-answered=\"false\">\n  <p>3. Which broad constituency does BRICS seek to advance?<\/p>\n  <button data-correct=\"false\">A. The Global North<\/button>\n  <button data-correct=\"false\">B. The Eurozone<\/button>\n  <button data-correct=\"false\">C. The G7 economies<\/button>\n  <button data-correct=\"false\">D. The OECD only<\/button>\n  <button data-correct=\"true\">E. The Global South<\/button>\n<\/div>\n\n<div class=\"question\" data-answered=\"false\">\n  <p>4. Which of the following is NOT listed as a major area of BRICS cooperation?<\/p>\n  <button data-correct=\"false\">A. Finance<\/button>\n  <button data-correct=\"false\">B. Technology<\/button>\n  <button data-correct=\"false\">C. Development<\/button>\n  <button data-correct=\"true\">D. A single uniform global education board<\/button>\n  <button data-correct=\"false\">E. Trade<\/button>\n<\/div>\n\n<div class=\"question\" data-answered=\"false\">\n  <p>5. What should development include in addition to economic growth?<\/p>\n  <button data-correct=\"false\">A. Only export growth<\/button>\n  <button data-correct=\"false\">B. Only industrial output<\/button>\n  <button data-correct=\"false\">C. Only foreign-exchange accumulation<\/button>\n  <button data-correct=\"false\">D. Only fiscal consolidation<\/button>\n  <button data-correct=\"true\">E. Welfare of the people<\/button>\n<\/div>\n\n<div class=\"question\" data-answered=\"false\">\n  <p>6. Which technology areas are specifically cited to illustrate the growing importance of technological capability?<\/p>\n  <button data-correct=\"false\">A. Only textile looms and paper mills<\/button>\n  <button data-correct=\"false\">B. Only coal mining and railways<\/button>\n  <button data-correct=\"true\">C. Artificial intelligence and semiconductors<\/button>\n  <button data-correct=\"false\">D. Only radio broadcasting and telegraphy<\/button>\n  <button data-correct=\"false\">E. Only shipbuilding and fishing<\/button>\n<\/div>\n\n<div class=\"question\" data-answered=\"false\">\n  <p>7. the use of domestic currencies in trade primarily with which objective?<\/p>\n  <button data-correct=\"false\">A. Replacing all central banks<\/button>\n  <button data-correct=\"false\">B. Fixing all exchange rates permanently<\/button>\n  <button data-correct=\"true\">C. Reducing dependence on the US dollar<\/button>\n  <button data-correct=\"false\">D. Ending international trade<\/button>\n  <button data-correct=\"false\">E. Creating a single global tax<\/button>\n<\/div>\n\n<div class=\"question\" data-answered=\"false\">\n  <p>8. Which shift is used as an example of greater inclusiveness?<\/p>\n  <button data-correct=\"false\">A. From monetary policy to fiscal policy<\/button>\n  <button data-correct=\"false\">B. From public finance to private finance<\/button>\n  <button data-correct=\"false\">C. From rural trade to urban trade<\/button>\n  <button data-correct=\"true\">D. From women development to women-led development<\/button>\n  <button data-correct=\"false\">E. From bilateral trade to autarky<\/button>\n<\/div>\n\n<div class=\"question\" data-answered=\"false\">\n  <p>9. approximately what share of the global population is represented by BRICS?<\/p>\n  <button data-correct=\"true\">A. 49.5%<\/button>\n  <button data-correct=\"false\">B. 40%<\/button>\n  <button data-correct=\"false\">C. 65%<\/button>\n  <button data-correct=\"false\">D. 26%<\/button>\n  <button data-correct=\"false\">E. 35%<\/button>\n<\/div>\n\n<div class=\"question\" data-answered=\"false\">\n  <p>10. What approximate share of world GDP is attributed to BRICS?<\/p>\n  <button data-correct=\"false\">A. 70%<\/button>\n  <button data-correct=\"false\">B. 20%<\/button>\n  <button data-correct=\"false\">C. 49.5%<\/button>\n  <button data-correct=\"false\">D. 26%<\/button>\n  <button data-correct=\"true\">E. 40%<\/button>\n<\/div>\n\n<div class=\"question\" data-answered=\"false\">\n  <p>11. What approximate share of global trade is attributed to BRICS?<\/p>\n  <button data-correct=\"false\">A. 49.5%<\/button>\n  <button data-correct=\"true\">B. 26%<\/button>\n  <button data-correct=\"false\">C. 11%<\/button>\n  <button data-correct=\"false\">D. 20%<\/button>\n  <button data-correct=\"false\">E. 40%<\/button>\n<\/div>\n\n<div class=\"question\" data-answered=\"false\">\n  <p>12. How many full BRICS members are stated for 2026?<\/p>\n  <button data-correct=\"false\">A. 7<\/button>\n  <button data-correct=\"false\">B. 10<\/button>\n  <button data-correct=\"false\">C. 5<\/button>\n  <button data-correct=\"true\">D. 11<\/button>\n  <button data-correct=\"false\">E. 9<\/button>\n<\/div>\n\n<div class=\"question\" data-answered=\"false\">\n  <p>13. Which four countries formed the original BRIC grouping?<\/p>\n  <button data-correct=\"false\">A. Russia, India, China and South Africa<\/button>\n  <button data-correct=\"false\">B. Brazil, Russia, India and South Africa<\/button>\n  <button data-correct=\"true\">C. Brazil, Russia, India and China<\/button>\n  <button data-correct=\"false\">D. Brazil, India, China and Indonesia<\/button>\n  <button data-correct=\"false\">E. Brazil, Russia, China and UAE<\/button>\n<\/div>\n\n<div class=\"question\" data-answered=\"false\">\n  <p>14. What change followed South Africa&#8217;s inclusion in the grouping?<\/p>\n  <button data-correct=\"true\">A. BRIC became BRICS<\/button>\n  <button data-correct=\"false\">B. The grouping became NDB<\/button>\n  <button data-correct=\"false\">C. The grouping became G11<\/button>\n  <button data-correct=\"false\">D. BRIC was dissolved<\/button>\n  <button data-correct=\"false\">E. BRICS became BRICA<\/button>\n<\/div>\n\n<div class=\"question\" data-answered=\"false\">\n  <p>15. Which country is described as becoming the 11th full member in January 2025?<\/p>\n  <button data-correct=\"false\">A. Vietnam<\/button>\n  <button data-correct=\"true\">B. Indonesia<\/button>\n  <button data-correct=\"false\">C. Belarus<\/button>\n  <button data-correct=\"false\">D. Thailand<\/button>\n  <button data-correct=\"false\">E. Malaysia<\/button>\n<\/div>\n\n<div class=\"question\" data-answered=\"false\">\n  <p>16. Which set contains only partner countries named?<\/p>\n  <button data-correct=\"false\">A. Brazil, Bolivia, Cuba and Kazakhstan<\/button>\n  <button data-correct=\"true\">B. Belarus, Bolivia, Cuba and Kazakhstan<\/button>\n  <button data-correct=\"false\">C. Belarus, Russia, Cuba and Kazakhstan<\/button>\n  <button data-correct=\"false\">D. Belarus, Bolivia, Cuba and China<\/button>\n  <button data-correct=\"false\">E. Belarus, Bolivia, India and Kazakhstan<\/button>\n<\/div>\n\n<div class=\"question\" data-answered=\"false\">\n  <p>17. What main advantage of BRICS diversity is highlighted by its expanded membership?<\/p>\n  <button data-correct=\"false\">A. It eliminates differences among national economies<\/button>\n  <button data-correct=\"false\">B. It makes all members use identical laws<\/button>\n  <button data-correct=\"true\">C. It combines major markets, resources, technological capabilities and development experience<\/button>\n  <button data-correct=\"false\">D. It limits cooperation to commodity trade<\/button>\n  <button data-correct=\"false\">E. It removes the need for domestic institutions<\/button>\n<\/div>\n\n<div class=\"question\" data-answered=\"false\">\n  <p>18. The acronym &#8216;BRIC&#8217; was coined in which year?<\/p>\n  <button data-correct=\"false\">A. 1999<\/button>\n  <button data-correct=\"false\">B. 2006<\/button>\n  <button data-correct=\"false\">C. 2009<\/button>\n  <button data-correct=\"true\">D. 2001<\/button>\n  <button data-correct=\"false\">E. 2011<\/button>\n<\/div>\n\n<div class=\"question\" data-answered=\"false\">\n  <p>19. Which institution is associated with coining the BRIC acronym?<\/p>\n  <button data-correct=\"false\">A. WTO<\/button>\n  <button data-correct=\"false\">B. New Development Bank<\/button>\n  <button data-correct=\"false\">C. International Monetary Fund<\/button>\n  <button data-correct=\"true\">D. Goldman Sachs<\/button>\n  <button data-correct=\"false\">E. World Bank<\/button>\n<\/div>\n\n<div class=\"question\" data-answered=\"false\">\n  <p>20. What was the title of the economic paper mentioned in connection with the origin of BRIC?<\/p>\n  <button data-correct=\"true\">A. Building Better Global Economic BRICs<\/button>\n  <button data-correct=\"false\">B. The New World Economic Order<\/button>\n  <button data-correct=\"false\">C. Reforming Bretton Woods<\/button>\n  <button data-correct=\"false\">D. BRICS: A Common Currency<\/button>\n  <button data-correct=\"false\">E. Building a Better Global South<\/button>\n<\/div>\n\n<div class=\"question\" data-answered=\"false\">\n  <p>21. What did the original BRIC idea emphasize about Brazil, Russia, India and China?<\/p>\n  <button data-correct=\"false\">A. They had identical political systems<\/button>\n  <button data-correct=\"false\">B. They had already formed a military alliance<\/button>\n  <button data-correct=\"false\">C. They were all members of the G7<\/button>\n  <button data-correct=\"false\">D. They shared a single currency<\/button>\n  <button data-correct=\"true\">E. They were robust emerging economies expected to have growing global impact<\/button>\n<\/div>\n\n<div class=\"question\" data-answered=\"false\">\n  <p>22. Where was the first BRIC Foreign Ministers&#8217; meeting held in 2006?<\/p>\n  <button data-correct=\"false\">A. At the World Bank headquarters<\/button>\n  <button data-correct=\"true\">B. On the margins of the UN General Assembly<\/button>\n  <button data-correct=\"false\">C. At the G7 Summit<\/button>\n  <button data-correct=\"false\">D. At the NDB headquarters<\/button>\n  <button data-correct=\"false\">E. At the WTO Ministerial Conference<\/button>\n<\/div>\n\n<div class=\"question\" data-answered=\"false\">\n  <p>23. When was the first formal BRIC Summit held?<\/p>\n  <button data-correct=\"false\">A. 2001<\/button>\n  <button data-correct=\"false\">B. 2006<\/button>\n  <button data-correct=\"true\">C. 2009<\/button>\n  <button data-correct=\"false\">D. 2010<\/button>\n  <button data-correct=\"false\">E. 2012<\/button>\n<\/div>\n\n<div class=\"question\" data-answered=\"false\">\n  <p>24. Which country hosted the first formal BRIC Summit?<\/p>\n  <button data-correct=\"false\">A. South Africa<\/button>\n  <button data-correct=\"true\">B. Russia<\/button>\n  <button data-correct=\"false\">C. China<\/button>\n  <button data-correct=\"false\">D. India<\/button>\n  <button data-correct=\"false\">E. Brazil<\/button>\n<\/div>\n\n<div class=\"question\" data-answered=\"false\">\n  <p>25. What major global event is described as a defining moment in BRICS evolution?<\/p>\n  <button data-correct=\"false\">A. The 2020 oil price war<\/button>\n  <button data-correct=\"false\">B. The 2010 euro introduction<\/button>\n  <button data-correct=\"false\">C. The 1997 Asian financial crisis<\/button>\n  <button data-correct=\"true\">D. The 2008 global financial crisis<\/button>\n  <button data-correct=\"false\">E. The 2001 dot-com crash<\/button>\n<\/div>\n\n<div class=\"question\" data-answered=\"false\">\n  <p>26. The 2008 global financial crisis strengthened calls for what?<\/p>\n  <button data-correct=\"false\">A. A complete halt to capital flows<\/button>\n  <button data-correct=\"false\">B. Elimination of central banks<\/button>\n  <button data-correct=\"false\">C. A return to colonial trade systems<\/button>\n  <button data-correct=\"false\">D. Abolition of all multilateral institutions<\/button>\n  <button data-correct=\"true\">E. Broader representation and reform in global economic governance<\/button>\n<\/div>\n\n<div class=\"question\" data-answered=\"false\">\n  <p>27. Which objective best captures the early political purpose of BRICS as explained?<\/p>\n  <button data-correct=\"true\">A. Developing common positions on major global political and economic issues<\/button>\n  <button data-correct=\"false\">B. Replacing the United Nations<\/button>\n  <button data-correct=\"false\">C. Creating a common constitution<\/button>\n  <button data-correct=\"false\">D. Ending bilateral diplomacy<\/button>\n  <button data-correct=\"false\">E. Creating a unified military command<\/button>\n<\/div>\n\n<div class=\"question\" data-answered=\"false\">\n  <p>28. What kind of international order does BRICS seek to promote?<\/p>\n  <button data-correct=\"false\">A. A strictly unipolar order<\/button>\n  <button data-correct=\"true\">B. A more representative, equitable and balanced order<\/button>\n  <button data-correct=\"false\">C. An order without multilateral institutions<\/button>\n  <button data-correct=\"false\">D. A closed regional order<\/button>\n  <button data-correct=\"false\">E. An order based only on military alliances<\/button>\n<\/div>\n\n<div class=\"question\" data-answered=\"false\">\n  <p>29. Which area is explicitly cited as an example of practical BRICS cooperation on security?<\/p>\n  <button data-correct=\"false\">A. Nuclear weapons sharing<\/button>\n  <button data-correct=\"false\">B. Compulsory military integration<\/button>\n  <button data-correct=\"true\">C. Counter-terrorism<\/button>\n  <button data-correct=\"false\">D. Mandatory defence spending targets<\/button>\n  <button data-correct=\"false\">E. A single border police force<\/button>\n<\/div>\n\n<div class=\"question\" data-answered=\"false\">\n  <p>30. BRICS advocacy for greater representation is linked to reform of which type of institutions?<\/p>\n  <button data-correct=\"false\">A. Only universities<\/button>\n  <button data-correct=\"false\">B. Only sports federations<\/button>\n  <button data-correct=\"false\">C. Only private corporations<\/button>\n  <button data-correct=\"false\">D. Only municipal governments<\/button>\n  <button data-correct=\"true\">E. Global governance and financial institutions<\/button>\n<\/div>\n\n    <!-- FINAL SUMMARY -->\n    <div class=\"final-summary\">\n      <h3>Quiz Summary <\/h3>\n\n      <div class=\"summary-row\">\n        <span>Attempted<\/span>\n        <div class=\"summary-bar\"><div class=\"bar-fill bar-attempted\" data-summary=\"attempted\"><\/div><\/div>\n        <span data-count=\"attempted\">0<\/span>\n      <\/div>\n\n      <div class=\"summary-row\">\n        <span>Correct<\/span>\n        <div class=\"summary-bar\"><div class=\"bar-fill bar-correct\" data-summary=\"correct\"><\/div><\/div>\n        <span data-count=\"correct\">0<\/span>\n      <\/div>\n\n      <div class=\"summary-row\">\n        <span>Wrong<\/span>\n        <div class=\"summary-bar\"><div class=\"bar-fill bar-wrong\" data-summary=\"wrong\"><\/div><\/div>\n        <span data-count=\"wrong\">0<\/span>\n      <\/div>\n\n      <div class=\"summary-row\">\n        <span>Unattempted<\/span>\n        <div class=\"summary-bar\"><div class=\"bar-fill bar-unattempted\" data-summary=\"unattempted\"><\/div><\/div>\n        <span data-count=\"unattempted\">0<\/span>\n      <\/div>\n\n      <div class=\"final-score\">\n        Final Score: <span class=\"score-value\" data-score>0.0<\/span>\n      <\/div>\n    <\/div>\n\n  <\/div>\n<\/div>\n<div class=\"modal modal-obls\" id=\"modal-signup\">\n        <div class=\"modal-background\"><\/div>\n        <div class=\"modal-content\">\n           <div class=\"obls-group\" id=\"obls-group1\">\n               <div class=\"obls-blk\">\n                   <span class=\"img-box\"><img decoding=\"async\" src=\"\/img\/img-delivery.svg\" alt=\"\"><\/span>\n                   <h2 id=\"display-register-text\"><span class=\"ez-toc-section\" id=\"Sign_Up\"><\/span>Sign Up<span class=\"ez-toc-section-end\"><\/span><\/h2>\n                   <div class=\"loginas-group loginas-group1 loginas-group-single\">\n <div id=\"g_id_onload\" 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India linked these priorities with inclusive development, technological progress, sustainable growth and stronger cooperation among BRICS countries.<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Resilience:<\/strong> Building stronger systems to manage global shocks and disruptions.<\/li>\n\n\n\n<li><strong>Innovation:<\/strong> Promoting technology, startups, research and digital solutions.<\/li>\n\n\n\n<li><strong>Cooperation:<\/strong> Strengthening economic, political, financial and people-to-people ties.<\/li>\n\n\n\n<li><strong>Sustainability:<\/strong> Supporting climate action, sustainable development and responsible growth.<\/li>\n<\/ul>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-which-countries-are-members-of-brics-in-2026\"><span class=\"ez-toc-section\" id=\"Which_countries_are_members_of_BRICS_in_2026\"><\/span>Which countries are members of BRICS in 2026?<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>BRICS has expanded significantly from its original four-country grouping. Brazil, Russia, India and China formed the original BRIC group, while South Africa joined later. The 2026 BRICS grouping includes 11 full members, covering major emerging economies across different regions.<\/p>\n\n\n\n<figure class=\"wp-block-table\"><table><tbody><tr><td><strong>Category<\/strong><\/td><td><strong>Countries<\/strong><\/td><\/tr><tr><td>Original BRIC<\/td><td>Brazil, Russia, India, China<\/td><\/tr><tr><td>Added in 2011<\/td><td>South Africa<\/td><\/tr><tr><td>Expanded members<\/td><td>Egypt, Ethiopia, Iran, Saudi Arabia, UAE<\/td><\/tr><tr><td>Added in 2025<\/td><td>Indonesia<\/td><\/tr><tr><td>Total Full Members<\/td><td>11<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<p>The 2026 official BRICS information lists Brazil, China, Egypt, Ethiopia, India, Indonesia, Iran, Russia, Saudi Arabia, South Africa and UAE as members.<\/p>\n\n\n<figure class=\"wp-block-embed wp-embed-aspect-16-9 wp-has-aspect-ratio  is-type-video is-provider-youtube wp-block-embed-youtube\"><div class=\"wp-block-embed__wrapper video-seo-youtube-embed-wrapper\"><div class=\"video-seo-youtube-player\" data-id=\"CAo9WJkY1DQ\"><\/div><\/div><\/figure>\n\n\n<h2 class=\"wp-block-heading\" id=\"h-what-were-the-major-focus-areas-of-brics-summit-2026\"><span class=\"ez-toc-section\" id=\"What_were_the_major_focus_areas_of_BRICS_Summit_2026\"><\/span>What were the major focus areas of BRICS Summit 2026?<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>The summit covered a wide range of economic, political, technological and social issues. A major focus was making BRICS cooperation more practical and people-centred. The New Delhi Declaration also stressed stronger multilateralism, greater representation of emerging markets and developing countries, resilient supply chains and sustainable development.<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Reform of global governance and multilateral institutions<\/li>\n\n\n\n<li>Greater representation of the <strong>Global South<\/strong><\/li>\n\n\n\n<li>International trade and investment<\/li>\n\n\n\n<li>Use of local currencies in trade<\/li>\n\n\n\n<li>Financial cooperation and payment systems<\/li>\n\n\n\n<li>Digital Public Infrastructure<\/li>\n\n\n\n<li>Artificial Intelligence and emerging technologies<\/li>\n\n\n\n<li>Climate change and sustainable development<\/li>\n\n\n\n<li>Energy and food security<\/li>\n\n\n\n<li>Health cooperation<\/li>\n\n\n\n<li>Disaster risk reduction<\/li>\n\n\n\n<li>Resilient global supply chains<\/li>\n\n\n\n<li>Support for startups and MSMEs<\/li>\n\n\n\n<li>Science, technology and innovation<\/li>\n<\/ul>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-what-is-the-new-delhi-brics-leaders-declaration-2026\"><span class=\"ez-toc-section\" id=\"What_is_the_New_Delhi_BRICS_Leaders_Declaration_2026\"><\/span>What is the New Delhi BRICS Leaders\u2019 Declaration 2026?<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>The New Delhi BRICS Leaders\u2019 Declaration was adopted at the 18th BRICS Summit. It reaffirmed the grouping\u2019s commitment to sovereign equality, cooperation, inclusiveness, multilateralism and sustainable development. The declaration also called for greater participation of emerging markets and developing countries in global decision-making and highlighted cooperation in technology, trade, finance, health and other sectors.<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Greater participation of Emerging Markets and Developing Countries (EMDCs) in global decision-making.<\/li>\n\n\n\n<li>Support for reform and strengthening of multilateral institutions.<\/li>\n\n\n\n<li>Greater cooperation in trade and investment.<\/li>\n\n\n\n<li>Development of resilient and reliable global value chains.<\/li>\n\n\n\n<li>Promotion of technology transfer and productive capacities.<\/li>\n\n\n\n<li>Greater cooperation in science, technology and innovation.<\/li>\n\n\n\n<li>Support for startups, SMEs and innovation ecosystems.<\/li>\n\n\n\n<li>Strengthening of cooperation on international taxation.<\/li>\n\n\n\n<li>Cooperation in competition law and policy.<\/li>\n\n\n\n<li>Support for sustainable development and climate resilience.<\/li>\n<\/ul>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-what-were-the-four-pillars-of-india-s-brics-presidency\"><span class=\"ez-toc-section\" id=\"What_were_the_four_pillars_of_Indias_BRICS_Presidency\"><\/span>What were the four pillars of India\u2019s BRICS Presidency?<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>India structured its 2026 BRICS Chairship around four pillars: <strong>Resilience, Innovation, Cooperation and Sustainability<\/strong>. These pillars were used to organise initiatives across agriculture, health, education, trade, technology, finance, energy and environment. India\u2019s approach also placed emphasis on practical and actionable cooperation among BRICS countries.<\/p>\n\n\n\n<figure class=\"wp-block-table\"><table><tbody><tr><td><strong>Pillar<\/strong><\/td><td><strong>Major Areas<\/strong><\/td><\/tr><tr><td>Resilience<\/td><td>Agriculture, health, disaster management, supply chains, transport and trade<\/td><\/tr><tr><td>Innovation<\/td><td>Digital agriculture, digital health, startups, science, AI and research<\/td><\/tr><tr><td>Cooperation<\/td><td>Agriculture, anti-corruption, finance, culture, taxation and law enforcement<\/td><\/tr><tr><td>Sustainability<\/td><td>Energy, forests, climate action, healthy lifestyles and sustainable aviation<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-what-were-the-key-initiatives-under-the-resilience-pillar\"><span class=\"ez-toc-section\" id=\"What_were_the_key_initiatives_under_the_Resilience_pillar\"><\/span>What were the key initiatives under the Resilience pillar?<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>The <strong>Resilience<\/strong> pillar focused on improving the ability of BRICS countries to respond to economic, health, environmental and supply-chain disruptions. Cooperation was discussed in areas such as agriculture, disaster management, health, trade and transport. Early-warning systems and resilient infrastructure were also given importance.<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Cooperation in agriculture and agricultural research<\/li>\n\n\n\n<li>Joint efforts against illicit drug trafficking<\/li>\n\n\n\n<li>Resilient infrastructure and connectivity<\/li>\n\n\n\n<li>Disaster management and early-warning systems<\/li>\n\n\n\n<li>Climate-resilient urban infrastructure<\/li>\n\n\n\n<li>Academic cooperation and traditional knowledge<\/li>\n\n\n\n<li>Integrated health early-warning systems<\/li>\n\n\n\n<li>Internationalisation of MSMEs<\/li>\n\n\n\n<li>Improved trade finance<\/li>\n\n\n\n<li>Stronger logistics and supply chains<\/li>\n<\/ul>\n\n\n\n<div class=\"wp-block-buttons is-content-justification-center is-layout-flex wp-container-core-buttons-is-layout-16018d1d wp-block-buttons-is-layout-flex\">\n<div class=\"wp-block-button\"><a class=\"wp-block-button__link wp-element-button\" href=\"https:\/\/www.oliveboard.in\/test-series\/?ref=contac-bsbloq-pq\" target=\"_blank\" rel=\"noreferrer noopener\">Attempt A Free Mock Test<\/a><\/div>\n<\/div>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-what-were-the-key-initiatives-under-the-innovation-pillar\"><span class=\"ez-toc-section\" id=\"What_were_the_key_initiatives_under_the_Innovation_pillar\"><\/span>What were the key initiatives under the Innovation pillar?<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>The <strong>Innovation<\/strong> pillar focused on using science and technology to support economic growth and solve social challenges. Important areas included digital agriculture, digital health, startups, intellectual property, research infrastructure and emerging technologies. The declaration welcomed the establishment of the BRICS Incubator Network and further consideration of a BRICS Startup Innovation Fund.<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>BRICS network on digital agriculture<\/li>\n\n\n\n<li>Digital health cooperation<\/li>\n\n\n\n<li>BRICS Incubator Network<\/li>\n\n\n\n<li>Proposed BRICS Startup Innovation Fund<\/li>\n\n\n\n<li>Science and Research Repository<\/li>\n\n\n\n<li>Cooperation in emerging technologies<\/li>\n\n\n\n<li>Research infrastructure and mega science projects<\/li>\n\n\n\n<li>Youth and startup innovation initiatives<\/li>\n\n\n\n<li>Traditional medicine knowledge documentation<\/li>\n\n\n\n<li>Cooperation in AI and other emerging technologies<\/li>\n<\/ul>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-what-were-the-key-initiatives-under-the-cooperation-pillar\"><span class=\"ez-toc-section\" id=\"What_were_the_key_initiatives_under_the_Cooperation_pillar\"><\/span>What were the key initiatives under the Cooperation pillar?<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>The <strong>Cooperation<\/strong> pillar aimed to strengthen practical cooperation between BRICS members across different sectors. It included agriculture, anti-corruption, culture, finance, taxation, law enforcement and traditional medicine. These initiatives were designed to improve information sharing, capacity building and institutional cooperation.<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Agriculture and agricultural inputs cooperation<\/li>\n\n\n\n<li>Anti-corruption cooperation<\/li>\n\n\n\n<li>Law-enforcement and practitioner-level cooperation<\/li>\n\n\n\n<li>Cultural conservation and art-history initiatives<\/li>\n\n\n\n<li>Digital Public Infrastructure cooperation<\/li>\n\n\n\n<li>International taxation and transfer pricing<\/li>\n\n\n\n<li>BRICS Authorised Economic Operator cooperation<\/li>\n\n\n\n<li>Traditional and complementary medicine cooperation<\/li>\n\n\n\n<li>Capacity-building programmes<\/li>\n<\/ul>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-what-were-the-key-initiatives-under-the-sustainability-pillar\"><span class=\"ez-toc-section\" id=\"What_were_the_key_initiatives_under_the_Sustainability_pillar\"><\/span>What were the key initiatives under the Sustainability pillar?<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>The <strong>Sustainability<\/strong> pillar focused on balancing economic development with environmental protection and public health. Energy transition, forests, climate action, healthy lifestyles and sustainable aviation were among the important areas. The approach linked sustainability with long-term economic and social resilience.<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Smart-grid cooperation<\/li>\n\n\n\n<li>Digital centres of excellence<\/li>\n\n\n\n<li>Forest and forest-fire management<\/li>\n\n\n\n<li>Integrated landscape management<\/li>\n\n\n\n<li>Sustainable aviation fuels<\/li>\n\n\n\n<li>Healthy lifestyle initiatives<\/li>\n\n\n\n<li>Cooperation in disease prevention<\/li>\n\n\n\n<li>Sustainable development and climate action<\/li>\n\n\n\n<li>Financing and governance for development<\/li>\n<\/ul>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-how-does-brics-support-the-global-south\"><span class=\"ez-toc-section\" id=\"How_does_BRICS_support_the_Global_South\"><\/span>How does BRICS support the Global South?<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>BRICS has increasingly positioned itself as a platform for cooperation among emerging markets and developing countries. India used its 2026 Chairship to highlight the need for greater representation of the Global South in global decision-making. The New Delhi Declaration called for more meaningful participation of EMDCs and Least Developed Countries in international institutions and structures.<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Greater representation in global institutions<\/li>\n\n\n\n<li>Stronger participation in international decision-making<\/li>\n\n\n\n<li>Support for developing countries in Africa, Asia and Latin America<\/li>\n\n\n\n<li>Greater cooperation in trade and development<\/li>\n\n\n\n<li>Technology transfer and capacity building<\/li>\n\n\n\n<li>Stronger voice on global governance reforms<\/li>\n\n\n\n<li>Promotion of inclusive and sustainable growth<\/li>\n<\/ul>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-what-is-the-role-of-de-dollarisation-in-brics\"><span class=\"ez-toc-section\" id=\"What_is_the_role_of_de-dollarisation_in_BRICS\"><\/span>What is the role of de-dollarisation in BRICS?<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p><strong>De-dollarisation<\/strong> refers to reducing excessive dependence on the US dollar in international transactions. BRICS discussions have included greater use of national currencies, cross-border payment systems and digital financial technologies. The broader objective is to make international trade and financial cooperation more efficient while respecting the monetary and financial systems of individual countries. The 2026 discussions continued to place importance on financial cooperation and local-currency settlement.<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Greater use of national currencies in trade<\/li>\n\n\n\n<li>Development of cross-border payment mechanisms<\/li>\n\n\n\n<li>Financial technology cooperation<\/li>\n\n\n\n<li>Exploration of CBDC interoperability<\/li>\n\n\n\n<li>Lower transaction costs<\/li>\n\n\n\n<li>Greater financial resilience<\/li>\n\n\n\n<li>Reduced dependence on a single international currency<\/li>\n<\/ul>\n\n\n\n<div class=\"wp-block-buttons is-content-justification-center is-layout-flex wp-container-core-buttons-is-layout-16018d1d wp-block-buttons-is-layout-flex\">\n<div class=\"wp-block-button\"><a class=\"wp-block-button__link wp-element-button\" href=\"https:\/\/www.oliveboard.in\/courses\/?ref=contac-bsbloq-pq\" target=\"_blank\" rel=\"noreferrer noopener\">Explore Online Courses<\/a><\/div>\n<\/div>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-what-is-the-role-of-the-new-development-bank-in-brics\"><span class=\"ez-toc-section\" id=\"What_is_the_role_of_the_New_Development_Bank_in_BRICS\"><\/span>What is the role of the New Development Bank in BRICS?<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>The <strong>New Development Bank (NDB)<\/strong> was created to support infrastructure and sustainable development projects in BRICS and other eligible member countries. It provides an alternative source of development finance alongside existing international financial institutions. The NDB is an important part of BRICS economic and financial cooperation and supports projects related to infrastructure and sustainable development.<\/p>\n\n\n\n<figure class=\"wp-block-table\"><table><tbody><tr><td><strong>Feature<\/strong><\/td><td><strong>Details<\/strong><\/td><\/tr><tr><td>Name<\/td><td>New Development Bank<\/td><\/tr><tr><td>Short Name<\/td><td>NDB<\/td><\/tr><tr><td>Purpose<\/td><td>Infrastructure and sustainable development financing<\/td><\/tr><tr><td>Established<\/td><td>2015<\/td><\/tr><tr><td>BRICS Link<\/td><td>Major financial institution of BRICS<\/td><\/tr><tr><td>Key Areas<\/td><td>Infrastructure, sustainable development and development finance<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-what-is-the-contingent-reserve-arrangement-cra\"><span class=\"ez-toc-section\" id=\"What_is_the_Contingent_Reserve_Arrangement_CRA\"><\/span>What is the Contingent Reserve Arrangement (CRA)?<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>The BRICS Contingent Reserve Arrangement (CRA) is a financial safety mechanism designed to provide short-term liquidity support to member countries facing balance-of-payments or foreign-exchange pressures. It strengthens financial cooperation and provides an additional layer of protection during periods of external financial stress.<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Overall size: USD 100 billion<\/li>\n\n\n\n<li>Purpose: Short-term liquidity support<\/li>\n\n\n\n<li>Supports financial stability among BRICS members<\/li>\n\n\n\n<li>Helps address balance-of-payments pressures<\/li>\n\n\n\n<li>Complements broader BRICS financial cooperation<\/li>\n<\/ul>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-what-is-the-importance-of-cbdc-and-digital-payments-for-brics\"><span class=\"ez-toc-section\" id=\"What_is_the_importance_of_CBDC_and_digital_payments_for_BRICS\"><\/span>What is the importance of CBDC and digital payments for BRICS?<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>Central Bank Digital Currency (CBDC) and digital payment systems have become important areas of BRICS financial cooperation. A CBDC is a digital form of a country&#8217;s sovereign currency issued by its central bank. Discussions around interoperability of national digital currencies aim to make cross-border payments faster, more efficient and less costly.<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>CBDC means Central Bank Digital Currency.<\/li>\n\n\n\n<li>India\u2019s digital currency is the e-rupee.<\/li>\n\n\n\n<li>The Reserve Bank of India (RBI) is responsible for the e-rupee.<\/li>\n\n\n\n<li>BRICS has discussed technical interoperability of sovereign digital currencies.<\/li>\n\n\n\n<li>Digital payment systems can support faster cross-border transactions.<\/li>\n\n\n\n<li>Legal, technical and trust-related challenges still need to be addressed.<\/li>\n<\/ul>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-what-are-the-major-challenges-faced-by-brics\"><span class=\"ez-toc-section\" id=\"What_are_the_major_challenges_faced_by_BRICS\"><\/span>What are the major challenges faced by BRICS?<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>BRICS brings together countries with different political systems, economic structures, strategic interests and foreign-policy positions. These differences can make consensus difficult on sensitive global issues. At the same time, the expanded membership has increased the group&#8217;s geographical and economic reach. The 2026 summit also showed that BRICS members continue to face differences over geopolitical conflicts and other international issues.<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Differences in foreign-policy positions<\/li>\n\n\n\n<li>Conflicting views on international conflicts<\/li>\n\n\n\n<li>India-China strategic differences<\/li>\n\n\n\n<li>Different economic and development models<\/li>\n\n\n\n<li>Challenges in creating common payment systems<\/li>\n\n\n\n<li>Differences over the pace of de-dollarisation<\/li>\n\n\n\n<li>Coordination among an expanded membership<\/li>\n\n\n\n<li>Need for stronger implementation of BRICS initiatives<\/li>\n<\/ul>\n\n\n\n<div class=\"wp-block-buttons is-content-justification-center is-layout-flex wp-container-core-buttons-is-layout-16018d1d wp-block-buttons-is-layout-flex\">\n<div class=\"wp-block-button\"><a class=\"wp-block-button__link wp-element-button\" href=\"https:\/\/www.oliveboard.in\/blog\/government-scheme-practice-quiz\/?ref=contac-bsbloq-pq\" target=\"_blank\" rel=\"noreferrer noopener\">Attempt Free Quiz on Government Schemes<\/a><\/div>\n<\/div>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-why-is-brics-summit-2026-important-for-india\"><span class=\"ez-toc-section\" id=\"Why_is_BRICS_Summit_2026_important_for_India\"><\/span>Why is BRICS Summit 2026 important for India?<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>The 2026 Summit provided India with an opportunity to lead an expanded BRICS grouping and promote its priorities on global governance, development, technology and economic cooperation. India also used the platform to highlight the interests of the Global South and support greater representation in international institutions. The summit strengthened India&#8217;s engagement with both emerging economies and wider BRICS partner countries.<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Greater representation of the Global South<\/li>\n\n\n\n<li>Reform of global governance institutions<\/li>\n\n\n\n<li>Stronger economic and trade cooperation<\/li>\n\n\n\n<li>Digital Public Infrastructure<\/li>\n\n\n\n<li>Technology and innovation<\/li>\n\n\n\n<li>Sustainable development<\/li>\n\n\n\n<li>Resilient supply chains<\/li>\n\n\n\n<li>Health and disaster preparedness<\/li>\n\n\n\n<li>Greater use of local currencies in trade<\/li>\n\n\n\n<li>Stronger cooperation with BRICS partner countries<\/li>\n<\/ul>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-faqs\"><span class=\"ez-toc-section\" id=\"FAQs\"><\/span>FAQs<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<div class=\"schema-faq wp-block-yoast-faq-block\"><div class=\"schema-faq-section\" id=\"faq-question-1790062830466\"><strong class=\"schema-faq-question\">1. Where was the BRICS Summit 2026 held?<\/strong> <p class=\"schema-faq-answer\">The 18th BRICS Summit 2026 was held in New Delhi, India.<\/p> <\/div> <div class=\"schema-faq-section\" id=\"faq-question-1790062831612\"><strong class=\"schema-faq-question\">2. What was the theme of BRICS Summit 2026?<\/strong> <p class=\"schema-faq-answer\">The theme was \u201cBuilding for Resilience, Innovation, Cooperation and Sustainability.\u201d<\/p> <\/div> <div class=\"schema-faq-section\" id=\"faq-question-1790062832313\"><strong class=\"schema-faq-question\">3. Which country chaired BRICS in 2026?<\/strong> <p class=\"schema-faq-answer\">India chaired BRICS in 2026 for the 4th time.<\/p> <\/div> <div class=\"schema-faq-section\" id=\"faq-question-1790062833870\"><strong class=\"schema-faq-question\">4. How many full members does BRICS have in 2026?<\/strong> <p class=\"schema-faq-answer\">BRICS has 11 full members in 2026.<\/p> <\/div> <div class=\"schema-faq-section\" id=\"faq-question-1790062834429\"><strong class=\"schema-faq-question\">5. What is the New Delhi BRICS Leaders\u2019 Declaration?<\/strong> <p class=\"schema-faq-answer\">It is the joint declaration adopted by BRICS leaders outlining their shared priorities and areas of cooperation.<\/p> <\/div> <\/div>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity\"\/>\n\n\n<ul class=\"wp-block-latest-posts__list is-grid columns-3 wp-block-latest-posts\"><li><a class=\"wp-block-latest-posts__post-title\" href=\"https:\/\/www.oliveboard.in\/blog\/brics-summit\/\">BRICS Summit 2026, Theme, Members, Key Outcomes &amp; Important Facts<\/a><\/li>\n<li><a class=\"wp-block-latest-posts__post-title\" href=\"https:\/\/www.oliveboard.in\/blog\/nabard-grade-a-phase-2-pyps\/\">NABARD Grade A Phase 2 Previous Year Question Papers, Download PDFs<\/a><\/li>\n<li><a class=\"wp-block-latest-posts__post-title\" href=\"https:\/\/www.oliveboard.in\/blog\/nabard-grade-a-selection-process\/\">NABARD Grade A Selection Process 2026, Phase 1,2 &amp; Interview<\/a><\/li>\n<li><a class=\"wp-block-latest-posts__post-title\" href=\"https:\/\/www.oliveboard.in\/blog\/nabard-grade-a-practice-quiz\/\">NABARD Grade A Practice Quiz, Download Free PDF<\/a><\/li>\n<li><a class=\"wp-block-latest-posts__post-title\" href=\"https:\/\/www.oliveboard.in\/blog\/how-to-crack-nabard-grade-a\/\">How to Crack NABARD Grade A Exam in 1st Attempt? Check Details<\/a><\/li>\n<li><a class=\"wp-block-latest-posts__post-title\" href=\"https:\/\/www.oliveboard.in\/blog\/important-government-schemes-nabard-grade-a\/\">Government Schemes for NABARD Grade A 2026<\/a><\/li>\n<\/ul>","protected":false},"excerpt":{"rendered":"<p>The BRICS Summit 2026 was hosted by India in New Delhi under its 4th BRICS Chairship. The 18th BRICS Summit<\/p>\n","protected":false},"author":58,"featured_media":252119,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[10247],"tags":[],"class_list":["post-252118","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-rbi-sebi-nabard","generate-columns","tablet-grid-50","mobile-grid-100","grid-parent","grid-50"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v26.6 (Yoast SEO v26.6) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>BRICS Summit 2026, Theme, Members, Key Outcomes &amp; Important Facts<\/title>\n<meta name=\"description\" content=\"Learn about the themes of the BRICS Summit 2026: innovation, cooperation, and sustainability in global governance and trade.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.oliveboard.in\/blog\/brics-summit\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"BRICS Summit 2026, Theme, Members, Key Outcomes &amp; Important Facts\" \/>\n<meta property=\"og:description\" content=\"The BRICS Summit 2026 was hosted by India in New Delhi under its 4th BRICS Chairship. 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I work as a Content Writer at Oliveboard, where I have been simplifying exam-related content for the past 4 years. I create clear and easy-to-understand guides for JAIIB, CAIIB, and UGC exams. My work includes breaking down notifications, admit cards, and exam updates, as well as preparing study plans and subject-wise strategies. My goal is to support working professionals in managing their exam preparation alongside a full-time job and to help them achieve career growth.\",\"sameAs\":[\"www.linkedin.com\/in\/aditi-chakraborty-131b3b379\"]},{\"@type\":\"Question\",\"@id\":\"https:\/\/www.oliveboard.in\/blog\/brics-summit\/#faq-question-1790062830466\",\"position\":1,\"url\":\"https:\/\/www.oliveboard.in\/blog\/brics-summit\/#faq-question-1790062830466\",\"name\":\"1. 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