New Click here to Enroll for SIDBI MSME Expert Class by ex-GM, SBI on Nov 24

    Register

    Question

    What role does the Confederation of Indian Industries

    (CII) play in the inaugural BIMSTEC Business Summit hosted in New Delhi?
    A Providing security and logistical support for the event. Correct Answer Incorrect Answer
    B Leading the negotiations on trade agreements during the summit. Correct Answer Incorrect Answer
    C Co-organizing the summit alongside the Ministry of External Affairs. Correct Answer Incorrect Answer
    D Acting solely as a sponsor for the event without any organizational role. Correct Answer Incorrect Answer
    E Conducting cultural programs to entertain the delegates. Correct Answer Incorrect Answer

    Solution

    The Confederation of Indian Industries (CII) plays a pivotal role in the inaugural BIMSTEC Business Summit by co-organizing the event with the Ministry of External Affairs. This collaboration underscores the importance of industry involvement in shaping regional economic policies and discussions. By partnering in organizing the summit, CII helps to bridge the gap between government initiatives and the private sector, ensuring that the dialogue and outcomes of the summit reflect the needs and potentials of both government and industry stakeholders. This cooperation facilitates a comprehensive approach to addressing the economic and developmental challenges and opportunities within the BIMSTEC region.

    Practice Next

    Relevant for Exams: