2025 · Q98
Which of the following Development Financial Institutions were set up in India between 1950s and 1960s?
- 1Industrial Finance Corporation of India (IFCI)
- 2Credit and Investment Corporation of India (ICICI)
- 3Industrial Development Bank of India (IDBI)
- 4National Bank for Financing Infrastructure and Development (NaBFID) Select the answer using the codes given below:
Indian EconomyFinancial institutions
- A1, 2 and 3 only
- B1 and 4 only
- C2 and 3 only
- D1, 2, 3 and 4
Explanation
ICICI was set up in 1955 and IDBI in 1964, both within the 1950s-1960s window. IFCI dates to 1948 and NaBFID to 2021, so they fall outside it. Hence 2 and 3 only.