Concept:BRICS is an association of five major emerging economies: Brazil, Russia, India, China, and South Africa.
Explanation:The BRICS Summit for 2020 was the 12th annual summit.
It was hosted by Russia.
Due to the COVID-19 pandemic, the summit was held virtually on 17 November 2020.
The host country rotates each year among the five members.
The 11th summit in 2019 was hosted by Brazil.
Therefore, according to the rotation, Russia was scheduled to host the 2020 summit.
The term “BRIC” was coined in 2001 by Jim O'Neill, then-chairman of Goldman Sachs Asset Management.
South Africa joined the group later, changing the acronym to BRICS.
Answer:Russia (Option C).