31. Small Industries Development Bank of India (SIDBI) was established in?

A. 1986

B. 1987

C. 1988

D. 1989

Click for Answer/Explanation

Correct Answer is D

Small Industries Development Bank of India (SIDBI) was established in 1989.

Its main objective is to provide assistance to small scale industries through state finance corporations, state industrial development corporations, commercial banks, etc.

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32. Industrial Credit and Investment Corporation of India (ICICI) was established in?

A. 1989

B. 1990

C. 1991

D. 1992

Click for Answer/Explanation

Correct Answer is C

33. Industrial Development Bank of India (IDBI) established in?

A. 1964

B. 1965

C. 1966

D. 1967

Click for Answer/Explanation

Correct Answer is A

34. Industrial Finance Corporation of India (IFCI) was established in?

A. 1946

B. 1947

C. 1948

D. 1949

Click for Answer/Explanation

Correct Answer is C

Industrial Finance Corporation of India (IFCI) was established in 1948.

Its main functions are Project Finance and Promotional services.

35. First Regional Rural Bank came into existence in the year?

A. 1973

B. 1974

C. 1975

D. 1976

Click for Answer/Explanation

Correct Answer is C

Date – October 2, 1975

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