📢 Too many exams? Don’t know which one suits you best? Book Your Free Expert 👉 call Now!

  • google app store apple app store
  • ✖

      Question

      Which of the following is oldest developmental

      financial institution in India? 
      A UTI Correct Answer Incorrect Answer
      B NABARD Correct Answer Incorrect Answer
      C IDBI Correct Answer Incorrect Answer
      D ICICI Correct Answer Incorrect Answer
      E IFCI Correct Answer Incorrect Answer

      Solution

      IFCI, previously Industrial Finance Corporation of India, is an Indian government owned development bank to cater to the long-term finance needs of the industrial sector. It was the first (established in 1948) development finance institution established by the Indian government after independence.

      Practice Next
      More Finance Questions

      Relevant for Exams:

      ask-question