GK
INDIAN ECONOMY
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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The apex organisation of Industrial finance in India is
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IDBI
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RBI
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ICICI
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IFCI
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Explanation:
Detailed explanation-1: -IDBI stands for Industrial Development Bank of India. It is the apex bank for industrial loans. It’s headquarter is situated in Mumbai and it was established in 1964 by an act of Parliament.
Detailed explanation-2: -IFCI, previously Industrial Finance Corporation of India, is a development finance institution under the ownership of Ministry of Finance, Government of India.
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