BANKING AFFAIRS

BANKING GENERAL KNOWLEDGE

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
FICCI is the voice of India’s business and industry. FICCI stands for
A
Federation of International Chambers of Commerce and Industry
B
Foundation of Indian Chambers of Commerce and Industry
C
Federation of Indian Chambers of Commerce and Industry
D
Federation of Indian Common of Commerce and Industry
Explanation: 

Detailed explanation-1: -Established in 1927, the Federation of Indian Chambers of Commerce and Industry (FICCI) is the largest and oldest apex business organisation in India. Its history is closely linked to India’s struggle for independence, its industrialisation and its emergence as one of the most rapidly growing global economies.

Detailed explanation-2: -A non-government, not-for-profit organisation, FICCI is the voice of India’s business and industry. FICCI draws its membership from the corporate sector, both private and public, including SMEs and MNCs; FICCI enjoys an indirect membership of over 2, 50, 000 companies from various regional chambers of commerce.

Detailed explanation-3: -Federation of Indian Chambers of Commerce and Industry (FICCI), association of Indian business organizations, dedicated to promoting the growth and global competitiveness of Indian businesses.

Detailed explanation-4: -Established in 1927, FICCI is the largest and oldest apex business organisation in India. Its history is closely interwoven with India’s struggle for independence, its industrialization, and its emergence as one of the most rapidly growing global economies.

Detailed explanation-5: -Indian Chamber of Commerce is a non-governmental trade association and advocacy group having its headquarter situated in Calcutta India. It is one of the oldest trade association in the country and it was founded in year 1925. ICC’s current president is Pradeep Sureka and Rajeev Singh is the current Director General.

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