India Brand Equity Fund was established in the year:
A
Correct answer
Explanation
The India Brand Equity Fund (IBEF) was established in 1996 to promote Indian brands globally and enhance the country's image as a reliable supplier of quality goods and services. It was created by the Ministry of Commerce and Industry to support Indian companies in building international brand presence. IBEF has since evolved into a knowledge resource center providing information on Indian economy and business.