Select most appropriate answer.
'IPL' is popularly known as __________.

The correct answer is Indian Premier League.

Key Points

• The Indian Premier League (IPL) is a professional Twenty20 cricket league in India.
• It was founded by the Board of Control for Cricket in India (BCCI) in 2008.
• The league typically runs from March to May each year, featuring eight teams representing different cities in India.
• IPL is one of the most-attended cricket leagues in the world and ranks among the top in terms of brand value and viewership.

Additional Information

• Franchise System
  • IPL teams operate on a franchise system, where teams are owned by various business entities, celebrities, and consortiums.
  • The franchises bid for players in auctions held before each season.
• Format and Structure
  • The league follows a round-robin format, with each team playing a set number of matches.
  • The top four teams advance to the playoffs, culminating in the final match to determine the champion.
• Economic Impact
  • IPL has significantly contributed to the economy by generating employment and boosting related industries such as hospitality, tourism, and advertising.
  • It has also played a crucial role in popularizing cricket globally.
• Global Reach
  • The IPL is broadcasted in numerous countries, making it one of the most widely watched sporting events globally.
  • International players participate alongside Indian cricketers, enhancing its appeal and competitive edge.