Endorsement is a type of personal sponsorship where an athlete or team promotes a product or service. It is not a type of sports sponsorship, which involves the sponsorship of a sports event, team, or athlete by a company or organization.

The primary benefit of sports sponsorship for companies is increased brand awareness. By associating their brand with a popular sports event, team, or athlete, companies can reach a large audience and create a positive image for their brand.

Lack of control is not a challenge associated with sports sponsorship. Companies have a significant amount of control over their sponsorship activations and can negotiate the terms of the sponsorship agreement to ensure that their objectives are met.

The Advertising Standards Council of India (ASCI) is responsible for developing sponsorship guidelines that ensure that sponsorships are conducted in a responsible and ethical manner. These guidelines cover issues such as the use of trademarks, product placement, and the portrayal of women and children in sports sponsorships.

Hero Indian Super League (ISL) is an example of a title sponsorship in Indian sports. Hero MotoCorp is the title sponsor of the ISL, and its logo appears on the jerseys of all the teams and on all promotional materials related to the league.

Sponsorship involves a company providing financial or other support to an event, team, or athlete in exchange for advertising or promotional opportunities. Endorsement, on the other hand, involves an athlete or team promoting a product or service in exchange for compensation.

All of the options are examples of official sponsorships in Indian sports. Tata Motors is the official car partner of the IPL, Nike is the official kit sponsor of the Indian cricket team, and PepsiCo is the official beverage partner of the PKL.

The primary objective of sports sponsorship for companies is to increase brand awareness. By associating their brand with a popular sports event, team, or athlete, companies can reach a large audience and create a positive image for their brand.

All of the options are examples of product placement in Indian sports. The Coca-Cola logo appearing on the sidelines of a cricket match, a player wearing shoes with the Nike logo during a football match, and a team using a particular brand of sports equipment during a game are all examples of product placement.

The value of a sports sponsorship is determined by a number of factors, including the popularity of the sport, the size of the audience, the level of competition, and the exclusivity of the sponsorship.

Cost savings is not a benefit of sports sponsorship for companies. Sports sponsorship typically involves a significant financial investment, and there is no guarantee that the company will see a direct return on its investment.

The Sports Authority of India (SAI) is responsible for monitoring sponsorship activities in Indian sports. SAI ensures that sponsorships are conducted in a fair and transparent manner and that the rights of athletes and teams are protected.

All of the options are examples of endorsements in Indian sports. Virat Kohli endorsing Puma, Sachin Tendulkar endorsing MRF, and MS Dhoni endorsing Reebok are all examples of endorsements.

Sports sponsorship is associated with a number of challenges, including high cost, lack of control, negative publicity, and ethical concerns.

All of the options are examples of title sponsorships in Indian sports. The Indian Premier League (IPL), Pro Kabaddi League (PKL), and Indian Super League (ISL) are all title-sponsored by various companies.