When was the Federation of Indian Chambers of Commerce and Industry (FICCI) established in India?

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This question was previously asked in

SSC CHSL 2020 Official Paper 3 (Held On: 12 April 2021 Shift 3)

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Answer 1

The correct answer is 1927.

Key Points

The Federation of Indian Chambers of Commerce and Industry (FICCI) is a non-profit trade organization and lobbying organization located in India.
In 1927, Indian businessmen Mr. G D Birla and Purshottamdas Thakurdas launched the company on Mahatma Gandhi's recommendation.
It is India's largest, most influential, and oldest commercial organization.
It is a non-governmental, non-profit organization. Members of FICCI come from the private and public sectors, as well as SMEs and multinational enterprises.
The chamber has around 250,000 indirect members through a variety of regional chambers of commerce.
It focuses on firm development, advertising, and networking in a given industry.

Important Points

It is based in New Delhi, India's capital, and operates in 12 states and eight countries worldwide.
India's only national ATA Carnet issuing and assuring organization is the FICCI.
ATA Carnets are used to carry temporary equipment across borders by TV/film crews, journalists, engineers, musicians, and industry.