Practicing Success
Practicing Success
CUET Preparation Today
| Which is the correct chronological order in which the following Institutions were set up in India? A. IDBI. B. SIDBI C. IFCI. D. ICICI |
C,D,A,B A,B,D,C C,A,D,B C,B,A,D |
| C,D,A,B |
| IFCI was established as a statutory corporation on 1st July 1948 by a special Act passed in the Parliament, IFCI Act, 1948. Industrial Credit and Investment Corporation of India(ICICI) was established as a joint stock company in the private sector in 1955. The Industrial Development Bank of India was set up in July 1964 as a wholly owned subsidiary of the Reserve Bank of India. SIDBI was established in April 1990, as a wholly owned subsidiary of IDBI, under the Small Industries Development Bank of India Act, 1990. |
