GK
IMPORTANT ABBREVIATIONS
Question
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What is the full form of “ICICI"?
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Industrial Credit and Investment Corporation of India
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Investment Corporation of Induatrial Credit for India
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Investor Corporation for Insurance Commission of India
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Industrial Convention and Investment Corporation of India
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Explanation:
Detailed explanation-1: -The full form of ICICI is Industrial Credit and Investment Corporation of India.
Detailed explanation-2: -The full form of IIBI is the Industrial Investment Bank of India. IIBI was an Indian government-run financial investment company that operated from its creation in 1971 until the Indian government closed down in 2012.
Detailed explanation-3: -ICICI Bank was established by ICICI, as a wholly owned subsidiary in 1994 in Vadodara. The bank was founded as the Industrial Credit and Investment Corporation of India Bank, before it changed its name to ICICI Bank. The parent company was later merged with the bank.
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