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Which of the following is not one of the development financial Institution in Indian financial system?

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Which of the following is not one of the development financial Institution in Indian financial system?
  • AIndustrial Finance Corporation of India
  • BNational Bank for Agriculture & Rural development
  • CSmall Industries development Bank of India
  • DNational Housing bank
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- All of the above are development financial institution working under the Indian financial system.

- Definition - These are a specialized financial institution set up with an aim to serve and develop specific sectors of the economy.

- The first development financial institution was Industrial Financial Corporation of India, set up in 1948.

- Some other examples are EXIM bank, IDBI, UTI, IIFCL etc.