Multiple Choice Questions on India Brand Equity Foundation IBEF was established by the Department of Commerce Ministry of Commerc........... for CDS Exam Preparation

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Indian Economy (CDS) CDS Exam

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    India Brand Equity Foundation (IBEF) was established by the Department of Commerce, Ministry of Commerce and Industry, with the objective of

    1. Supporting handlooms and rural artisans with financial leverage and technology upgradation
    2. Facilitate dissemination of knowledge of Indian products and services
    3. Promoting and creating international awareness of the Made in India label in markets overseas

    Select the correct answer using the codes below.

    1 and 2 only

    Incorrect Answer

    2 and 3 only

    Correct Answer

    1 and 3 only

    Incorrect Answer

    1, 2 and 3

    Incorrect Answer
    Explanation:

    India Brand Equity Foundation (IBEF) was established in 2003 with the objective of promoting and creating 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. IBEF endeavours to ensure consistent and effective messaging on the India growth story through brand building initiatives/campaigns undertaken in partnership with various stakeholders ranging from lead industry associations to export promotion councils. IBEF is the branding and communication partner for various trade exhibitions organized under the aegis of the Department of Commerce. IBEF Trust is headed by the Commerce Secretary and has 14 other members representing the industry, trade, market, academia, media, advertising & publicity, and the government. Digital media and web technologies are integral part of its nation brand campaigns both within India and overseas markets.


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