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Discussion

Which of the following is incorrect:

  • A.EXIM Bank – Finance for export-import 
  • B.RBI – Bankers of Bank 
  • C.IDBI – Industrial finance
  • D.FCI – Finance for commercial institutes 

Answer: D

Food Corporation of India is the full name of FCI. It provides price supports to farmers, and ensures adequate public distribution of grains. Food Corporation of India (FCI) net provides finance for commercial institutes. So in above option (d) is not correctly matched with their pair.

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