Question
Consider the following statements regarding the
Federation of Indian Chambers of Commerce & Industry (FICCI): It is a non-government organisation. It is a not-for-profit organisation. It is the largest and oldest apex business organisation in India. Which of the statements given above is/are correct?Solution
The federation of Indian Chambers of Commerce & Industry (FICCI) is a non-government, not-for-profit organisation. Established in 1927, it is the largest and oldest apex business organisation in India. Its history is closely interwoven with India's struggle for independence. It influences policy to encourage debate, and by engaging with policymakers and civil society, FICCI articulates the views and concerns of industry. It serves its members from the Indian private and public corporate sectors and multinational companies. It provides a platform for networking and consensus building within and across sectors and is the first port of call for Indian industry, policymakers and the international business community.
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