Which one of the following institutions is promoted by the IFCI :
Rashtriya Gramin Vikas Nidhi (RGVN)
IFCI (Industrial Finance Corporation of India, 1948) has promoted several specialised institutions, including ICRA, Tourism Finance Corporation of India, the Management Development Institute and Rashtriya Gramin Vikas Nidhi.
Rashtriya Gramin Vikas Nidhi was set up by IFCI in 1990 as a not-for-profit society to support rural development and livelihood promotion, especially in the North-East.
CARE was promoted in 1993 by IDBI with other banks and institutions. CCIL was set up in 2001 by SBI and other banks and institutions. SIDBI was created in 1990 under an Act of Parliament as a wholly owned subsidiary of IDBI.
Hence, Rashtriya Gramin Vikas Nidhi (RGVN).
Similar Questions
Match the items of List - I with the items of List - II and select a correct code :
List - I List - II (a) SEBI (i) Exchange for small companies (b) RBI (ii) Secondary market in treasury bills (c) STCI (iii) Regulation of secondary market (d) OTCEI (iv) Ad-hoc treasury bills Codes :
(a) (b) (c) (d)
Match the items in List - I with the items in List - II :
List - I List - II (a) ATM card (i) NPA (b) Debts due for more than 30 days (ii) John Shephard Barron (c) Micro finance (iii) State Finance Corporations Act (d) State level finance corporations (iv) NABARD Codes :
(a) (b) (c) (d)
For the purpose of extending rural banking and agro finance, the NABARD :
Which among the following is not associated with NABARD ?
(a) NIEAF
(b) BIRD
(c) RIDF
(d) SHPI
Codes :
Which of the following is not provided by EXIM Bank, for financing overseas investments ?
Which of the following is not a development banking institution ?
Important Questions from Financial Institutions
The organisation incorporated for retail payment and settlement systems in India is
Indian national strategy for financial inclusion, 2019-24 aims at:
A. Broadening and deepening of financial inclusion
B. Digitisation and seamless facilitation of financial transactions
C. Access to formal financial services in an affordable manner.
D. Women empowerment and strengthening self help group (SHG) ecosystems.
E. Promoting financial literacy and consumer protection
Choose the most appropriate answer from the options given below:
- The Industrial Finance Corporation of India (IFCI) was established in:
_______ was the first Development Financial Institution of India set up to propel economic growth through development of infrastructure and industry in _______.
Which of the followings are the national financial institutions?
(A) Industrial Development Bank of India
(B) Industrial Finance Corporation of India
(C) The State Industrial Development Corporation
(D) United Nations Development Programme
(E) State Financial Corporations.
Choose the correct answer from the options given below:
