UGC NET COMMERCE July 2018 Q62
0. Which one of the following is the main objective of IFCI?
- A
To offer both small and large investors the means of acquiring shares in the widening prosperity resulting from the steady industrial growth of the country.
- B
To upgrade technology, modernization and to promote marketing of products of small scale sector.
- C
To serve as the apex institution for term finance for industry with coordination, regulation and supervision of the working of other financial institution.
- D
To provide medium and long-term financial assistance to industrial undertakings, particularly in those circumstances in which banking accommodation is in appropriate or resource to capital market is impracticable.
