Economics · Indian Economy
What was the main core function assigned to ICICI at the time of its formation?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1Managing public debt and printing official government bonds
- 2Supporting establishment, development, and modernization of industries in the private sector✓
- 3Acting as the apex regulatory body for commercial banks
- 4Financing small agricultural farmers across rural India
Correct answer
Supporting establishment, development, and modernization of industries in the private sector
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