WBCS.LIVE practice question

Industrial credit is available from

Solve this multiple-choice question and check the correct answer with its explanation below.

Answer options

  1. IDBI
  2. IFCI
  3. SFCs
  4. All of the above

Correct answer and explanation

Correct answer: All of the above

Explanation: āœ… Correct Answer: D) All of the above šŸ“š Explanation: Industrial credit in India is provided by several specialized institutions. IDBI (Industrial Development Bank of India), IFCI (Industrial Finance Corporation of India), and SFCs (State Financial Corporations) were all established to provide long-term financial assistance to the industrial sector. They support everything from small businesses to large corporations.