Question

Arrange the following Financial Institutions in order of their establishment in chronological order :
A. ICICI
B. NABARD
C. IFCI
D. IDBI

Choose the correct answer from the options given below :

• A. A, C, D, B
• B. A, C, B, D
• C. A, B, C, D
• D. C, A, D, B

Hint:

IFCI 1948, ICICI 1955, IDBI 1964, NABARD 1982.

Answer 1

The Correct Option is D

Step 1: Understanding the Question:

• We arrange the four development finance institutions by the year in which they were set up.

Step 2: Detailed Explanation:

• IFCI (Industrial Finance Corporation of India): 1948.

• ICICI: 1955.

• IDBI: 1964.

• NABARD: 1982.

• So the order from the oldest is IFCI, ICICI, IDBI, NABARD, i.e. C, A, D, B.

Step 3: Final Answer:
The correct option is (D) C, A, D, B.