Match the following items of List - I with the items of List - II and indicate the code of correct matching :

List – I	List - II
(Name of organisation)	(Year of establishment)
(A) IDBI	(I) 1956
(B) ICICI	(II) 1955
(C) LIC of India	(III) 1990
(D) SIDBI	(IV) 1964

Code :

Correct option is C

The correct answer is (c) (A)-(IV), (B)-(II), (C)-(I), (d)-(III).
This matching aligns key Indian financial institutions with their respective years of establishment. The Industrial Development Bank of India (IDBI) was established in 1964 (A-IV) under an Act of Parliament as a wholly-owned subsidiary of the RBI (later privatized). The Industrial Credit and Investment Corporation of India (ICICI) was formed in 1955 (B-II) as a joint-venture of the World Bank, the Government of India, and representatives of industry. The Life Insurance Corporation (LIC) was created in 1956 (C-I) following the nationalization of the insurance industry. Finally, the Small Industries Development Bank of India (SIDBI) was set up in 1990 (D-III) to promote and finance the MSME sector.
Information Booster
· IDBI (1964): Originally served as the apex body for industrial finance in India before transitioning into a full-service commercial bank.
· ICICI (1955): It was the first development financial institution in India to be established in the private sector to provide medium and long-term project financing.
· LIC (1956): Created by merging over 245 insurance companies and provident societies to spread the message of life insurance to rural areas.
· SIDBI (1990): It was carved out of IDBI to specifically address the unique credit and developmental needs of small-scale industries.