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Commerce · Q848

Banking and Financial Institutions

Graduate and Post Graduate · Commerce · question 848

Q848

Which one of the following statement is incorrect?

A.
In a developed economy, there is usually direct supply of capital
Answer
B.
In 1976, the IDBI was restructured and separated from the control of the RBI
C.
Due date of bill is also known as date of maturity
D.
SIDBI is the subsidiary of IDBI, which was set-up in 1990

Answer: Option A

Solution

Answer: Option A
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