Banking and Financial Institutions - Banking and Financial Institutions Section 2

to assist in the formation, expansion, and modernization of industrial units in the private sector.

to stimulate and promote the participation of private capital (both Indian and foreign) in such industrial units

Both (a) and (b)

None of these

Grant of loans and advances to or subscribe to debentures of industrial concerns repayable within a period not exceeding 20 years, with option of conversion into shares or stock of industrial concern.

Guaranteeing loans raised by industrial concerns which are repayable within a period not exceeding 20 years.

Both (a) and (b)

None of these

To mobilize the savings of the community through the sale of units.

To invest the savings so mobilized in corporate securities such as shares and debentures etc.

To serve unitholders along the length and breadth of the country.

All of the above

(i) and (ii)

(iii), (iv), and (ii)

(i), (ii), and (iii)

(i), (ii), (iii) and (iv)