The Indian council of Arbitration was established in :

All India Bar Examination (AIBE) 4-IV Previous Year Question Papers with Answers

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13.

The Indian council of Arbitration was established in :

A: 1956

B: 1976

C: 1965

D: 1996

The answer is: C

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Explanation

The correct option is C: 1965.

Explanation:

The Indian Council of Arbitration (ICA) was established in 1965. It is an apex body in India that promotes and facilitates arbitration as a means of alternative dispute resolution (ADR) for the resolution of commercial disputes. The ICA plays a significant role in the promotion of arbitration and mediation in India and is involved in various activities related to arbitration, including training, research, and the development of arbitration rules and procedures.

The other options provided (A: 1956, B: 1976, D: 1996) are incorrect in this context as they do not represent the correct year of establishment for the Indian Council of Arbitration.