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IFCI is an Indian government-owned development bank to cater to the long-term finance needs the industrial sector. IFCI stands for-
  • a)
    Industrial Finance Company of India
  • b)
    Industrial Finance Corporation of Investment
  • c)
    Industrial Finance Corporation of India
  • d)
    International Finance Corporation of India
  • e)
    International Finance Company of India
Correct answer is option 'C'. Can you explain this answer?
Most Upvoted Answer
IFCI is an Indian government-owned development bank to cater to the l...
IFCI stands for Industrial Finance Corporation of India. The Government of India established The Industrial Finance Corporation of India (IFCI) on July 1, 1948, by way of an IFC Act 1948.
Hence, the correct option is (C).
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IFCI is an Indian government-owned development bank to cater to the long-term finance needs the industrial sector. IFCI stands for-a)Industrial Finance Company of Indiab)Industrial Finance Corporation of Investmentc)Industrial Finance Corporation of Indiad)International Finance Corporation of Indiae)International Finance Company of IndiaCorrect answer is option 'C'. Can you explain this answer?
Question Description
IFCI is an Indian government-owned development bank to cater to the long-term finance needs the industrial sector. IFCI stands for-a)Industrial Finance Company of Indiab)Industrial Finance Corporation of Investmentc)Industrial Finance Corporation of Indiad)International Finance Corporation of Indiae)International Finance Company of IndiaCorrect answer is option 'C'. Can you explain this answer? for Banking Exams 2024 is part of Banking Exams preparation. The Question and answers have been prepared according to the Banking Exams exam syllabus. Information about IFCI is an Indian government-owned development bank to cater to the long-term finance needs the industrial sector. IFCI stands for-a)Industrial Finance Company of Indiab)Industrial Finance Corporation of Investmentc)Industrial Finance Corporation of Indiad)International Finance Corporation of Indiae)International Finance Company of IndiaCorrect answer is option 'C'. Can you explain this answer? covers all topics & solutions for Banking Exams 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for IFCI is an Indian government-owned development bank to cater to the long-term finance needs the industrial sector. IFCI stands for-a)Industrial Finance Company of Indiab)Industrial Finance Corporation of Investmentc)Industrial Finance Corporation of Indiad)International Finance Corporation of Indiae)International Finance Company of IndiaCorrect answer is option 'C'. Can you explain this answer?.
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