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    Question

    BIFR stands for 

    A Board of Investment and Financial Reconstruction Correct Answer Incorrect Answer
    B Board of Industrial and Funds Reconstruction Correct Answer Incorrect Answer
    C Board of Industrial and Financial Reconstruction Correct Answer Incorrect Answer
    D Board of Industrial and Financial Reinvestment Correct Answer Incorrect Answer
    E None of these Correct Answer Incorrect Answer

    Solution

    The  Board for Industrial and Financial Reconstruction   (BIFR) was an agency of the government of India, part of the Department of Financial Services of the Ministry of Finance. Its objective is to determine sickness  of industrial companies and to assist in reviving those that may be viable and shutting down the others.

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