Economics · Financial Institutions
Which one of the following financial institutions was established in India primarily to provide long-term finance and development assistance for industrial sectors?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1Regional Rural Bank (RRB)
- 2Industrial Development Bank of India (IDBI)✓
- 3EXIM Bank
- 4NABARD
Correct answer
Industrial Development Bank of India (IDBI)
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