πŸ“’ Too many exams? Don’t know which one suits you best? Book Your Free Expert πŸ‘‰ call Now!

  • google app store apple app store
  • βœ–

      Question

      Which of the following is oldest developmental

      financial institution in India?Β 
      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

      Relevant for Exams:

      ask-question