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Which development bank focuses on the review and revival of sick industrial units in India?
- a)Industrial Finance Corporation of India (IFCI)
- b)Industrial Investment Bank of India (IIBI)
- c)National Bank for Agriculture and Rural Development (NABARD)
- d)Small Industries Development Bank of India (SIDBI)
Correct answer is option 'B'. Can you explain this answer?
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Which development bank focuses on the review and revival of sick indus...
The Industrial Investment Bank of India (IIBI) focuses on the review and revival of sick industrial units in India. It provides credit and other services to facilitate the modernization, restructuring, and diversification of these units, helping them overcome their financial challenges.
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Which development bank focuses on the review and revival of sick indus...
Industrial Investment Bank of India (IIBI)
The Industrial Investment Bank of India (IIBI) is the development bank that focuses on the review and revival of sick industrial units in India.
Key Points:
- IIBI was established in 1971 to provide financial assistance to sick industrial units and promote the development of industries in the country.
- The bank offers a range of financial services such as term loans, working capital assistance, debt restructuring, and rehabilitation support to revive struggling industrial units.
- IIBI plays a crucial role in identifying the root causes of industrial sickness and formulating strategies to help these units recover and become financially viable again.
- The bank works closely with stakeholders including the government, financial institutions, and industry experts to assess the viability of sick units and develop customized revival plans.
- By providing timely financial support and expert guidance, IIBI contributes to the overall growth and sustainability of the industrial sector in India.
In conclusion, the Industrial Investment Bank of India (IIBI) is instrumental in the review and revival of sick industrial units in the country, playing a significant role in promoting economic development and industrial growth.
The Industrial Investment Bank of India (IIBI) is the development bank that focuses on the review and revival of sick industrial units in India.
Key Points:
- IIBI was established in 1971 to provide financial assistance to sick industrial units and promote the development of industries in the country.
- The bank offers a range of financial services such as term loans, working capital assistance, debt restructuring, and rehabilitation support to revive struggling industrial units.
- IIBI plays a crucial role in identifying the root causes of industrial sickness and formulating strategies to help these units recover and become financially viable again.
- The bank works closely with stakeholders including the government, financial institutions, and industry experts to assess the viability of sick units and develop customized revival plans.
- By providing timely financial support and expert guidance, IIBI contributes to the overall growth and sustainability of the industrial sector in India.
In conclusion, the Industrial Investment Bank of India (IIBI) is instrumental in the review and revival of sick industrial units in the country, playing a significant role in promoting economic development and industrial growth.
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Which development bank focuses on the review and revival of sick industrial units in India?a)Industrial Finance Corporation of India (IFCI)b)Industrial Investment Bank of India (IIBI)c)National Bank for Agriculture and Rural Development (NABARD)d)Small Industries Development Bank of India (SIDBI)Correct answer is option 'B'. Can you explain this answer?
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Which development bank focuses on the review and revival of sick industrial units in India?a)Industrial Finance Corporation of India (IFCI)b)Industrial Investment Bank of India (IIBI)c)National Bank for Agriculture and Rural Development (NABARD)d)Small Industries Development Bank of India (SIDBI)Correct answer is option 'B'. Can you explain this answer? for B Com 2024 is part of B Com preparation. The Question and answers have been prepared according to the B Com exam syllabus. Information about Which development bank focuses on the review and revival of sick industrial units in India?a)Industrial Finance Corporation of India (IFCI)b)Industrial Investment Bank of India (IIBI)c)National Bank for Agriculture and Rural Development (NABARD)d)Small Industries Development Bank of India (SIDBI)Correct answer is option 'B'. Can you explain this answer? covers all topics & solutions for B Com 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Which development bank focuses on the review and revival of sick industrial units in India?a)Industrial Finance Corporation of India (IFCI)b)Industrial Investment Bank of India (IIBI)c)National Bank for Agriculture and Rural Development (NABARD)d)Small Industries Development Bank of India (SIDBI)Correct answer is option 'B'. Can you explain this answer?.
Which development bank focuses on the review and revival of sick industrial units in India?a)Industrial Finance Corporation of India (IFCI)b)Industrial Investment Bank of India (IIBI)c)National Bank for Agriculture and Rural Development (NABARD)d)Small Industries Development Bank of India (SIDBI)Correct answer is option 'B'. Can you explain this answer? for B Com 2024 is part of B Com preparation. The Question and answers have been prepared according to the B Com exam syllabus. Information about Which development bank focuses on the review and revival of sick industrial units in India?a)Industrial Finance Corporation of India (IFCI)b)Industrial Investment Bank of India (IIBI)c)National Bank for Agriculture and Rural Development (NABARD)d)Small Industries Development Bank of India (SIDBI)Correct answer is option 'B'. Can you explain this answer? covers all topics & solutions for B Com 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Which development bank focuses on the review and revival of sick industrial units in India?a)Industrial Finance Corporation of India (IFCI)b)Industrial Investment Bank of India (IIBI)c)National Bank for Agriculture and Rural Development (NABARD)d)Small Industries Development Bank of India (SIDBI)Correct answer is option 'B'. Can you explain this answer?.
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