Examveda
Examveda

Which of the following statements are correct in context of IFCI?

A. IDBI, Scheduled banks, insurance companies, investment trusts and co-operative banks are the shareholders of IFCI

B. IFCI is authorized to issue bonds and debentures in the open market, to borrow foreign currency from the World Bank and other organizations, accept deposits from the public and also borrow from the RBI

C. IFCI provides Soft Loan Assistance, Entrepreneur Development Programme, Industrial Development in Backward Area stypes of aids to industry

D. All of the above

Answer: Option D


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