Practicing Success

Target Exam

CUET

Subject

Entrepreneurship

Chapter

Resource Mobilisation

Question:
Which of the following is NOT a Specialised Financial Institution of National Level in India?
Options:
Industrial Investment Bank of India Ltd. (IIBI)
Industrial Development Bank of India (IDBI)
Tourism Finance Corporation of India (TFCI)
Industrial Finance Corporation of India (IFCI)
Correct Answer:
Tourism Finance Corporation of India (TFCI)
Explanation:
At national level/all India development banks :
(i) Industrial Development Bank of India (IDBI)
(ii) Small Industries Development Bank of India (SIDBI)
(iii) Industrial Finance Corporation of India (IFCI)
(iv) Industrial Credit and Investment Corporation of India (ICICI)
(v) National Bank for Agriculture and Rural Development (NABARD)
(vi) Industrial Investment Bank of India Ltd. (IIBI)