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What is the full form of "ICFAI"?

  • A.Investment for Credit and Financial Institution
  • B.Industrial Credit for Asian Infrastructure
  • C.International Consortium for Asian Investment
  • D.Institute of Chartered Financial Analysts of India

Answer: D

Correct answer: Institute of Chartered Financial Analysts of India

The Institute of Chartered Financial Analysts of India was founded in 1984 at Hyderabad as a body offering qualifications and education in finance and management.

It is a private educational institution rather than a bank, a regulator or a statutory professional body, which is what distinguishes it from most of the other abbreviations in this topic. It is also distinct from the CFA Institute of the United States, whose charter is a separate and internationally recognised designation - a distinction that was itself the subject of litigation.

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