Civil Services UPSC EPFO (APFC) Mock Test 2023 Banking and Financial Awareness Financial Organisations
Consider the following statements regarding Development Finance Institution:
1. These are specialized institutions set up primarily to provide development/ Project finance, especially in developing countries.
2. The first DFI was the Industrial Financial Corporation of India (IFC) that was launched in 1948.
3.The source of capital of these banks is national funds only.
Which of the statements given above is/are correct?
1
1 and 2 only
2
2 and 3 only
3
1 and 3 only
4
1, 2 and 3