The main functions of IFCI are -
(i) Granting loans and advances for the establishment, expansion diversification and modernisation of industries in
corporate and co-operative sectors. (ii) Guaranteeing loans raised by industrial concerns in the capital market, both in rupees and foreign currencies. (iii) Subscribing or underwriting the issue of shares and debentures by industries. Such investment can be held up to 7 years. (iv) Guaranteeing credit purchase of capital goods imported as well as purchased within the country| A. | (i) and (ii) |
| B. | (iii), (iv), and (ii) |
| C. | (i), (ii), and (iii) |
| D. | (i), (ii), (iii) and (iv) |
Answer : D Explanation : |
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Option: A Explanation : Explanation will come here. Explanation will come here. Explanation will come here. Explanation will come here. Explanation will come here. |
