Question

The full form of the financial institution, IDBI is

• A. Indian Development Bank of Industry
• B. Industrial Development Bank of India
• C. Indian Development Bureau of Industry
• D. None of the above

Answer 1

Answer:

B. Industrial Development Bank of India

• The full form of the financial institution, IDBI is Industrial Development Bank of India

• Established: 1964 (by an Act of Parliament as a wholly-owned subsidiary of the Reserve Bank of India, later made an autonomous corporation in 1976).

• Headquarters: Mumbai, Maharashtra.