Economics · Indian Finance
Which of the following was the first development finance institution established in India?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1Industrial Finance Corporation of India (IFCI)✓
- 2Export-Import Bank of India (EXIM Bank)
- 3National Bank for Agriculture and Rural Development (NABARD)
- 4Industrial Credit and Investment Corporation of India (ICICI)
Correct answer
Industrial Finance Corporation of India (IFCI)
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