UPSC 2002 › Indian Economy › Banking & Financial Sector

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UPSC 2002 · Q122 · Indian Economy › Banking & Financial Sector · Save

Consider the following financial institutions of India:

  1. Industrial Finance Corporation of India (IFCI)
  2. Industrial Credit and Investment Corporation of India (ICICI)
  3. Industrial Development Bank of India (IDBI)
  4. National Bank for Agriculture and Rural Development (NABARD) The correct chronological sequence of the establishment of these institutions is
(a) 1, 2, 3, 4
(b) 2, 3, 4, 1
(c) 3, 4, 1, 2
(d) 4, 1, 2, 3
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Answer: (a) 1, 2, 3, 4