Full Form of FCCI : Federation of Indian Chambers of Commerce and Industry

What is the full form of FICCI ?

No:1. FICCI stands for Federation of Indian Chambers of Commerce and Industry.
No:2. It is the oldest and largest apex business organisation in India.
No:3. It has closely witnessed India’s struggle for independence, its industrialization, and the rapidly growing economy of India.
No:4. FICCI was established in 1927 by G.D Birla and Purushottam Das Thakurdas on the recommendation of Mahatma Gandhi.
No:5. It is headquartered in New Delhi, India. As of August 2019, Mr. Sandip Somany is the president and, Uday Shankar is the Sr. Vice President of FICCI.
No:6. FICCI is an association of business organizations in India; membership is open to all Private and Public sector companies.
No:7. It is a not-for-profit, non-government organization and is a great support to India?s industry and business.
No:8. It coordinates with policymakers and civil society and articulates the views and issues of industry.
No:9. Furthermore, it provides a platform for networking and consensus building within and across sectors and is the first port of call for the policymakers, Indian industry, and the international business community.
No:10. It also supports and funds the government and non-government educational institutes in India.

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Major Functions of FICCI

No:1. It conducts economic research and promotes scientific research for the development of industry and commerce.
No:2. It supports and promotes business and technical education.
No:3. It is responsible for publishing periodicals for the dissemination of information for the business community.
No:4. It offers library facilities for its members.
No:5. It works to improve the competitive strength of Indian industry by providing advice and information on quality improvement.
No:6. It conducts seminars, organizes conferences, and workshops on important matters related to the business community.
No:7. It organizes foreign trips of trade delegations to explore foreign investment and takes part in the negotiation of bilateral trade agreements.
No:8. It also resolves disputes among member organizations through arbitration.

Important MCQ’s

Que.-1.’एशिया का पेरिस’ किसे कहा जाता है ?

(a) फिनलैंड

(b) नीदरलैंड

(c) हॉलैंड

(d) थाइलैंड

Ans : (d) थाइलैंड

Que.-2.’आसियान’ का मुख्यालय कहाँ है ?

(a) वियना

(b) जकार्ता

(c) जेनेवा

(d) मनीला

Ans : (b) जकार्ता

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