The IDBI was established in ______.

July, 1948

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July, 1949

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July, 1964

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July, 1965

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Solution

The correct option is C July, 1964
IDBI stands for Industrial Development Bank of India. IDBI was established by the parliament to provide credit and there financial facilities to the developing industries of India. It is owned by the government of India.

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List-I	List-II
(a) RBI Nationalization	(i) $1964$
(b) Imperial Bank Nationalization	(ii) $1949$
(c) Nationalization of $14$ commercial Banks	(iii) $1955$
(d) Establishment of IDBI	(iv) $1969$

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