Which of the following statements is correct regarding the G-20 and BRICS?

  1. All BRICS countries are members of the G-20.
  2. Both G-20 and BRICS represent only emerging economies.
  3. BRICS countries focus primarily on political issues, while the G-20 focuses on economic matters.
  4. BRICS and G-20 were both formed to address regional economic cooperation.

Which of the above statements is/are correct?

1
2 and 3 only
2
1, 2, and 4 only
3
1 and 3 only
4
 All of the above

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