Explanations:The Indian Institutes of Management (IIMs) are a group of autonomous public business schools in India that offer management education. These institutions are known for their rigorous academic programs and have a significant impact on the business and management landscape in India. The establishment of IIMs in various cities across India has been a strategic move to spread quality management education and to cater to the growing demand for skilled managers and business leaders.
Among the options provided, the city of Nagpur in Maharashtra is the correct answer. The Indian Institute of Management Nagpur (IIM Nagpur) was established in 2015. This makes it one of the newer IIMs in the country, as compared to the older IIMs like IIM Ahmedabad (1961), IIM Bangalore (1973), and IIM Calcutta (1961). The establishment of IIM Nagpur in 2015 was part of the Indian government's initiative to expand the reach of IIMs and to provide quality management education to a wider audience.
It is important to note that while other cities in Maharashtra, such as Mumbai and Pune, also have IIMs, they were established much earlier. IIM Mumbai was established in 1961, and IIM Pune was established in 1988. Therefore, these cities do not fit the criteria of having an IIM established in 2015. The option "Sangli is the best" is incorrect because Sangli does not have an IIM, and the statement is irrelevant to the question.
Understanding the establishment years of IIMs in different cities is crucial for students preparing for competitive exams, as questions related to the history and establishment of educational institutions are common in such exams. This knowledge helps in distinguishing between different IIMs and their respective locations and establishment years, which can be a key factor in answering such questions accurately.