In which of the following states is the headquarters of IDBI (Industrial Development Bank of India) located?
Show answer & explanation
Correct answer: C
Explanation
The correct answer is option 3 i.e. Maharashtra.
- The headquarters of IDBI (Industrial Development Bank of India) is located in Maharashtra.
- The Industrial Development Bank of India is known by the acronym IDBI.
- To provide loans and other financial facilities for the development of enterprises in India, it was founded in 1964 and put into operation on July 1, 1964.