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Consider the following pairs:
1. IFCI Venture Capital Funds Ltd - 2000
2. Tourism Finance Corporation of India Ltd (TFCI) - 1990
3. Life Insurance Corporation of India (LIC) - 1956
4. Securities and Exchange Board of India (SEBI) - 1992
How many pairs given above are correctly matched?
  • a)
    Only one pair
  • b)
    Only two pairs
  • c)
    Only three pairs
  • d)
    All four pairs
Correct answer is option 'C'. Can you explain this answer?
Verified Answer
Consider the following pairs:1. IFCI Venture Capital Funds Ltd - 2000...
1. IFCI Venture Capital Funds Ltd - 2000: Correct.- IFCI Venture Capital Funds Ltd was set up in 2000 to promote venture capital funding in India.
2. Tourism Finance Corporation of India Ltd (TFCI) - 1990: Incorrect.- TFCI was actually set up in 1989, not 1990.
3. Life Insurance Corporation of India (LIC) - 1956: Correct.- LIC was established in 1956 when the life insurance business in India was nationalized.
4. Securities and Exchange Board of India (SEBI) - 1992: Correct.- SEBI was set up in 1988 but was given statutory powers in 1992 to regulate the securities market in India.
Thus, three pairs are correctly matched.
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Most Upvoted Answer
Consider the following pairs:1. IFCI Venture Capital Funds Ltd - 2000...
Correctly Matched Pairs
1. IFCI Venture Capital Funds Ltd - 2000
- IFCI Venture Capital Funds Ltd was established in 2000, making this pair correctly matched.
2. Tourism Finance Corporation of India Ltd (TFCI) - 1990
- Tourism Finance Corporation of India Ltd (TFCI) was established in 1989, not 1990, so this pair is not correctly matched.
3. Life Insurance Corporation of India (LIC) - 1956
- Life Insurance Corporation of India (LIC) was established in 1956, making this pair correctly matched.
4. Securities and Exchange Board of India (SEBI) - 1992
- Securities and Exchange Board of India (SEBI) was established in 1988, not 1992, so this pair is not correctly matched.
Therefore, out of the four pairs given, only three pairs are correctly matched.
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Consider the following pairs:1. IFCI Venture Capital Funds Ltd - 20002. Tourism Finance Corporation of India Ltd (TFCI) - 19903. Life Insurance Corporation of India (LIC) - 19564. Securities and Exchange Board of India (SEBI) - 1992How many pairs given above are correctly matched?a)Only one pairb)Only two pairsc)Only three pairsd)All four pairsCorrect answer is option 'C'. Can you explain this answer?
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