What does the acronym, FICCI, stand for?

Federation of Indian Channel for Communication and Internet

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Federation of Indian Communication for Commerce and Industry

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Formation of Indian Channel of Chemical and Industry

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Federation of Indian Chambers of Commerce and Industry

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E x p l a i n p o i n t n o . 2 i n a n s w e r o f 18 b) . Q 18 . (a) N a m e t w o E u r o p e a n M a n a g i n g A g e n c i e s w h i c h c o n t r o l l e d a l a r g e s e c t o r o f I n d i a n i n d u s t r i e s . (b) W h a t W e r e t h e i r m a i n f u n c t i o n s ? O R W h a t d i d t h e E u r o p e a n M a n a g i n g A g e n c i e s p l a y i n t h e i n d u s t r i a l d e v e l o p m e n t o f I n d i a d u r i n g t h e 19 t h c e n t u r y ? A n s . (a) E u r o p e a n M a n a g i n g A g e n c i e s w h i c h c o n t r o l l e d a l a r g e s e c t o r o f I n d i a n i n d u s t r i e s w e r e : (i) B i r d H e i g h l e r s & C o . (i i) J a r d i n e S k i n n e r & C o . (i i i) A n d r e w Y u l e . (b) T h e i r m a i n f u n c t i o n s w e r e : (i) T h e y c o n t r o l l e d l a r g e s e c t o r o f i n d u s t r i e s . (i i) M o b i l i s e c a p i t a l, s e t u p a n d m a n a g e d J o i n t S t o c k C o m p a n i e s a n d m a n a g e d t h e m . (i i i) I n m o s t c a s e s, t h e I n d i a n f i n a n c i e r s p r o v i d e d t h e c a p i t a l w h i l e E u r o p e a n a g e n c i e s m a d e a t h e i n v e s t m e n t s a n d t o o k b u \sin e s s d e c i s i o n s . (i v) T h e E u r o p e a n m e r c h a n t i n d u s t r i a l i s t h a d t h e i r o w n C h a m b e r s o f C o m m e r c e w h e r e I n d i a n b u \sin e s s m e n w e r e n o t a l l o w e d t o j o i n .

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