The I.F.C.I. performs the dual functions of a _____________.

financier and promoter

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financier and coordinator

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co-ordinator and promoter

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financier and agent

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Solution

The correct option is A financier and promoter
IFCI stands for Industrial Finance Corporation of India. It performs a role of financier by providing long term loans to industrial sector of India for its functions. It also plays a role of promoter by promoting development of industries and economy of the country.

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