Which of the following Development Financial Institutions were set up in India between 1950s and 1960s ?
1. Industrial Finance Corporation of India (IFCI)
2. Industrial Credit and Investment Corporation of India (ICICI)
3. Industrial Development Bank of India (IDBI)
4. National Bank for Financing Infrastructure and Development (NaBFID)
Select the answer using the codes given below :
IFCI was set up in 1948 under the IFCI Act, 1948. (Incorrect)
ICICI was set up in 1955 with the support of the World Bank, Government of India, and Indian industry. (Correct)
IDBI was established in 1964 as a subsidiary of RBI and later became an apex DFI. (Correct)
NaBFID was created in 2021 through NaBFID Act to finance long-term infrastructure projects. (Incorrect)
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Select the answer using the codes given below:
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Which of the following Development Financial Institutions were set up in India between 1950s and 1960s ?
1. Industrial Finance Corporation of India (IFCI)
2. Industrial Credit and Investment Corporation of India (ICICI)
3. Industrial Development Bank of India (IDBI)
4. National Bank for Financing Infrastructure and Development (NaBFID)
Select the answer using the codes given below :
