Which of the following is the first financial institution set up in India?

IDBI

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ICICI

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IRBI

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IFCI

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Solution

The correct option is A IFCI
IDBI was established in 1964
ICICI was in 1994
IRBI was in 1971
IFCI set up in 1948
so from above these we can say that IFCI is the first financial institute setup in india

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Which of the financial institutions was set up in 1990 for the promotion, financing and development of micro, small and medium enterprises?

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