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Consider the following financial institution of India: 1. Industrial Finance Corporation of India (IFCI) 2. Industrial Credit and Investment Corporation of India (ICICI) 3. Industrial Development Bank of India (IDBI) 4. National Bank for Agriculture and Rural Development (NABARD) The correct chronological sequence of the establishment of these institutions is

(a)

1, 2, 3, 4

(b)

2, 3, 4, 1

(c)

3, 4, 1, 2

(d)

4, 1, 2, 3

Correct Answer

Explanation