Banking · Development Financial Institutions
Which of the following was the first development financial institution established in India?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1Industrial Finance Corporation of India (IFCI)✓
- 2ICICI Bank
- 3Small Industries Development Bank of India (SIDBI)
- 4Industrial Development Bank of India (IDBI)
Correct answer
Industrial Finance Corporation of India (IFCI)
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