Consider the following about India Brand Equity Foundation IBEF and associated provisions It is a no...........

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Consider the following about India Brand Equity Foundation (IBEF) and associated provisions.

It is a non-profit NGO certifying khadi and handloom products.
Its objective is to promote and create international awareness of the ‘Made in India’ label in markets overseas.
India’s Foreign Trade Policy Statement released in 2015 emphasises the need of a branding strategy.
Activities of IBEF are limited to plantations, textiles and leather sectors.

Select the correct answer using the codes below.

2 and 3 only

1 and 4 only

1, 2 and 4 only

1, 2 and 3 only

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Explanation:

Statement 1: It is a trust established by the Department of Commerce, Ministry of Commerce and Industry.

Statement 2: IBEF's primary objective is to promote and create international awareness of the Made in India label in markets overseas and to facilitate dissemination of knowledge of Indian products and services. Towards this objective, IBEF works closely with stakeholders across government and industry

Statement 3: This is to promote Indian exports as well as push Make in India campaign.

Statement 4: IBEF has undertaken focused branding activities for sectors namely engineering, pharma, plantations (tea, coffee and spices), services, textiles and leather.