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What is the full form of "IFCI"?

A. Indian Financial Council for Investment

B. Institute for Finance and Credit Inc.

C. Investing and Forecasting Information

D. Industrial Finance Corporation of India

Answer: Option D

Solution(By Examveda Team)

IFCI, previously Industrial Finance Corporation of India, is a development finance institution under the jurisdiction of Ministry of Finance, Government of India . Established in 1948 as a statutory corporation, IFCI is currently a company listed on BSE and NSE. IFCI has seven subsidiaries and one associate.

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