Banking and Financial Institutions

1: The ICICI has been established to achieve the objectives
A.
to assist in the formation, expansion and modernisation of industrial units in the private sector.
B.
to stimulate and promote the participation of private capital (both Indian and foreign) in such industrial units
C.

Both (a) and (b)

D.

None of these

 

Answer : C

Explanation :

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Option: A

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