Civil Services Punjab State Civil Services CCE 2025 Current Affairs Business and Economy Banking Affairs
Consider the following statements with reference to the Development Finance Institutions (DFI)?
1. These are organizations owned by the government or charitable institutions to provide funds for low-capital projects.
2. The Industrial Finance Corporation of India is the 1st DFI in India.
3. DFIs do not accept deposits from people.
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