Where was the first Indian Institute of Management (IIM) established and in which year ?

Answer 1

First IIM was IIM Calcutta (IIM-C) established in the year 1961 followed by IIM Ahmadabad (IIM-A) in the same year.

List of IIMs in India

Indian Institute of Management Calcutta        1961   Kolkata, West Bengal  
Indian Institute of Management Ahmedabad       1961   Ahmedabad, Gujarat
Indian Institute of Management Bangalore       1973   Bangalore, Karnataka  
Indian Institute of Management Lucknow         1984   Lucknow, Uttar Pradesh
Indian Institute of Management Kozhikode       1996   Kozhikode, Kerala
Indian Institute of Management Indore          1996   Indore, Madhya Pradesh
Indian Institute of Management Shillong        2007   Shillong, Meghalaya
Indian Institute of Management Rohtak          2010   Rohtak, Haryana
Indian Institute of Management Ranchi          2010   Ranchi, Jharkhand
Indian Institute of Management Raipur          2010   Raipur, Chhattisgarh
Indian Institute of Management Tiruchirappalli 2011   Tiruchirappalli, Tamil Nadu
Indian Institute of Management Udaipur         2011   Udaipur, Rajasthan
Indian Institute of Management Kashipur        2011   Kashipur, Uttarakhand