Economics · Economics

What is the primary purpose of the India Brand Equity Fund (IBEF)?

Verified Solution4 OptionsUpdated: October 2026👁️1 View

1To collect data for assessing the state of poverty.
2To decide the share of states in central taxes.
3To promote Indian brands and facilitate investments in the IT sector.✓
4To devalue the Rupee against foreign currencies.

Correct answer

To promote Indian brands and facilitate investments in the IT sector.

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