Discussion
The main objective of IDBI is to
Answer: D
Correct answer: All of the above
IDBI was created in 1964 as the apex development finance institution, and all three describe that apex role from a different side.
It co-ordinated, regulated and supervised the other institutions - IFCI, ICICI, UTI, LIC, the commercial banks and the SFCs. It supplemented their resources by refinance, widening the assistance they could give. And it undertook planning, promotion and development of key industries to diversify industrial growth. A body that merely lent would have had only the second of these; the first and third are what the word "apex" adds.
No comment is present. Be the first to comment.
Loading…
Post your comment
Please log in or register to post a comment.
Examination Categories
- SSC Exams
- Banking Exams
- Teaching Exams
- Civil Services Exams
- Railways Exams
- Engineering Recruitment Exams
- Defence Exams
- State Government Exams
- Police Exams
- Insurance Exams
- Nursing Exams
- Other Government Exams
- NRA CET
- PG Entrance Exams
- Campus Placement
- MBA Entrance Exams
- CUET and UG Entrance
- Judiciary Exams
- Regulatory Body Exams
- Software Development