1. Industrial Finance Corporation of India (IFCI)
2. Industrial Credit and Investment Corporation of India (ICICI)
3. Industrial Development Bank of India (IDBI)
4. National Bank for Financing Infrastructure and Development (NaBFID)
Select the answer using the codes given below :
To find the correct answer to the given question on Development Financial Institutions in India set up during the 1950s and 1960s, let's analyze each option one by one:
- Industrial Finance Corporation of India (IFCI): IFCI was established in 1948. Therefore, it was not set up between the 1950s and 1960s.
- Industrial Credit and Investment Corporation of India (ICICI): ICICI was established in 1955. This institution was indeed set up during the timeframe specified in the question.
- Industrial Development Bank of India (IDBI): IDBI was established in 1964. This development financial institution was also set up during the timeframe in question.
- National Bank for Financing Infrastructure and Development (NaBFID): NaBFID was established in 2021. Hence, it does not fall within the 1950s and 1960s setup period.
Based on the analysis above, only options 2 and 3 (ICICI and IDBI) were set up between the 1950s and 1960s. Thus, the correct answer is:
2 and 3 only
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