IHGF - Current Affairs Questions and Answers

1)   The ___ edition of the world’s largest handicrafts and gifts fair, IHGF Delhi Fair Autumn 2015 will be held from 14th to 18th October 2015.

a. 39th
b. 40th
c. 41st
d. 42nd
Answer  Explanation 

ANSWER: 40th

Explanation:
The 40th edition of the world’s biggest handicrafts and gifts fair, the IHGF Delhi Fair Autumn 2015 will be held from 14th to 18th October at NCR’s Greater Noida India Expo Centre and Mart. Around 2,700 exhibitors have displayed products at this fair covering a 1,90,000 square metre area totalling 14 halls. EPCH/Export Promotion Council for Handicrafts has organised 39 editions of the event recognised as a one stop sourcing event in the Indian export community. More than 5,000 overseas buyers from leading department stores and leading brands such as Bloomingdale’s and Macy will source requirements at the fair. Handicrafts export has expanded on an average at annual growth rate of 15% during the previous decade. Export of handicrafts during 2014-2015 has been pegged at 18,639.14 crore , a growth of 7.96% in rupee terms as against the previous year. Export of handicrafts during 5 months of 2015-2016 is INR 7227.46 crore with a growth of 8.57%. EPCH is the nodal agency for promotion as well as handicraft development.