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Resource Mobilization — Entrepreneurship STD 12 Commerce — Question

CBSE BoardEnglish MediumSTD 12 CommerceEntrepreneurshipResource Mobilization3 Marks
Question
Give any four functions performed by ICICI.
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Answer

The functions performed by ICICI are as follows:
  1. It subscribes and underwrites new issue of shares.
  2. It provides medium and long-term loans in Indian and foreign currency for importing capital equipment and technical services.
  3. It provides assets on lease to industries.
  4. It provides merchant banking services.

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